Document:

Exhibit
10.2
 

ACQUIROR
AMENDED & RESTATED CHARTER

 

 

 

 

 

THE
COMPANIES ACT (AS AMENDED)

 

COMPANY
LIMITED BY SHARES

AMENDED AND RESTATED Memorandum OF association

 

of

 

AVANSEUS
HOLDINGS corporation

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [TBC] AND EFFECTIVE ON [tbc]

(BEING the date of closing))

 

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THE COMPANIES act (AS AMENDED)

 

COMPANY
LIMITED BY SHARES

 

amended
and restated MEMORANDUM of ASSOCIATION

 

OF

 

AVANSEUS
HOLDINGS corporation

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [TBC] AND EFFECTIVE ON [tbc]

(BEING THE DATE OF closing))

 

		1.	The
                                            name of the company is Avanseus Holdings Corporation (the “Company”).

 

		2.	The
                                            registered office of the Company will be situated at the offices of Harneys Fiduciary (Cayman)
                                            Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240 Grand
                                            Cayman ky1-1002 or at such other location as the Directors may from time to time determine.

 

		3.	The
                                            objects for which the Company is established are unrestricted and the Company shall have
                                            full power and authority to carry out any object not prohibited by any law as provided by
                                            Section 7(4) of the Companies Act (as amended) of the Cayman Islands (the “Companies
                                            Act”).

 

		4.	The
                                            Company shall have and be capable of exercising all the functions of a natural person of
                                            full capacity irrespective of any question of corporate benefit as provided by Section 27(2)
                                            of the Companies Act.

 

		5.	The
                                            Company will not trade in the Cayman Islands with any person, firm or corporation except
                                            in furtherance of the business of the Company carried on outside the Cayman Islands; provided
                                            that nothing in this section shall be construed as to prevent the Company effecting and concluding
                                            contracts in the Cayman Islands, and exercising in the Cayman Islands all of its powers necessary
                                            for the carrying on of its business outside the Cayman Islands.

 

		6.	The
                                            liability of the shareholders of the Company is limited to the amount, if any, unpaid on
                                            the shares respectively held by them.

 

		7.	The
                                            authorised share capital of the Company is US$30,100 divided into 300,000,000 ordinary shares
                                            with a nominal or par value of US$0.0001 and 1,000,000 preference shares with a nominal or
                                            par value of US$0.0001 provided that subject to the Companies Act and the Articles of Association
                                            the Company shall have power to redeem or purchase any of its shares and to sub-divide or
                                            consolidate the said shares or any of them and to issue all or any part of its capital whether
                                            original, redeemed, increased or reduced with or without any preference, priority, special
                                            privilege or other rights or subject to any postponement of rights or to any conditions or
                                            restrictions whatsoever and so that unless the conditions of issue shall otherwise expressly
                                            provide every issue of shares whether stated to be ordinary, preference or otherwise shall
                                            be subject to the powers on the part of the Company hereinbefore provided.

 

		8.	The
                                            Company may exercise the power contained in Section 206 of the Companies Act to deregister
                                            in the Cayman Islands and be registered by way of continuation in some other jurisdiction.

 

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THE
COMPANIES act (AS AMENDED)

 

COMPANY
LIMITED BY SHARES

 

amended
and restated Articles OF association

 

of

 

AVANSEUS HOLDINGS

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [TBC] AND EFFECTIVE ON [tbc]

(BEING THE DATE of closing))

 

 

 

 

 

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TABLE
OF CONTENTS

 

	CLAUSE	 	PAGE
	TABLE
    A	 	1
	Interpretation	 	1
	Preliminary	 	4
	Shares	 	4
	Modification
    Of Rights	 	6
	Certificates	 	7
	Fractional
    Shares	 	7
	Lien	 	7
	Calls
    On Shares	 	8
	Forfeiture
    Of Shares	 	8
	Transfer
    Of Shares	 	9
	Transmission
    Of Shares	 	10
	Alteration
    Of SHARE Capital	 	10
	Redemption,
    Purchase and Surrender Of Shares	 	11
	Treasury
    Shares	 	11
	General
    Meetings	 	13
	Notice
    Of General Meetings	 	13
	Proceedings
    At General Meetings	 	14
	Votes
    Of shareholders	 	15
	Corporations
    Acting By Representatives At Meetings	 	15

 

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	CLEARING
    HOUSES	 	16
	Directors	 	16
	Alternate
    Director	 	16
	Powers
    And Duties Of Directors	 	17
	Borrowing
    Powers Of Directors	 	18
	The
    Seal	 	18
	Disqualification
    Of Directors	 	18
	Proceedings
    Of Directors	 	19
	AUTHENTICATION
    OF DOCUMENTS	 	21
	DESTRUCTION
    OF DOCUMENTS	 	21
	Dividends	 	22
	Accounts,
    Audit and annual return and declaration	 	23
	Capitalisation
    Of reserves	 	23
	Share
    Premium Account	 	24
	Notices	 	24
	Indemnity	 	25
	Non-Recognition
    Of Trusts	 	27
	BUSINESS
    OPPORTUNITIES	 	27
	Winding
    Up	 	28
	Amendment
    Of Articles Of Association	 	28
	Closing
    of register or fixing record date	 	28
	Registration
    By Way Of Continuation	 	29
	INFORMATION	 	29
	Mergers
    and Consolidation	 	29
	disclosure	 	29

 

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THE
COMPANIES act (AS AMENDED)

 

Company
Limited by Shares

 

amended
and restated ARTICLES OF ASSOCIATION

 

OF

 

AVANSEUS
HOLDINGS CORPORATION

 

 

TABLE
A

 

The
Regulations contained or incorporated in Table ‘A’ in the First Schedule of the Companies Act shall not apply to Avanseus
Holdings Corporation (the “Company”) and the following Articles shall comprise the Articles of Association of the
Company.

 

Interpretation

 

		1.	In
                                            these Articles the following defined terms will have the meanings ascribed to them, if not
                                            inconsistent with the subject or context:

 

“Articles”
means these articles of association of the Company, as amended or substituted from time to time.

 

“Audit
Committee” means the audit committee of the Company formed pursuant to Article 137 hereof, or any successor audit committee.

 

“Branch
Register” means any branch Register of such category or categories of Members as the Company may from time to time determine.

 

“Business
Combination Agreement” means that certain Business Combination Agreement among the Company (f/k/a Fat Projects Acquisition
Corp), Fat Amalgamation Sub Pte. Ltd, a Singapore private company limited by shares, and Avanseus Holdings Pte. Ltd, a Singapore private
company limited by shares, dated as of [TBC].

 

“Class”
or “Classes” means any class or classes of Shares as may from time to time be issued by the Company.

 

“Closing”
means the closing of the Exchange.

 

“Companies
Act” means the Companies Act (as amended) of the Cayman Islands.

 

“Designated
Stock Exchange” means any national securities exchange or automated quotation system on which the Company’s securities
are traded, including but not limited to The Nasdaq Stock Market LLC, The NYSE MKT LLC, The New York Stock Exchange LLC or any OTC market.

 

“Directors”
means the directors of the Company for the time being, or as the case may be, the directors assembled as a board or as a committee thereof.

 

“Electronic
Facility” means without limitation, website addresses and conference call systems, and any device, system, procedure, method
or other facility whatsoever providing an electronic means of venue for a general meeting of the Company.

 

“Exchange”
has the meaning ascribed to such term in the Business Combination Agreement.

 

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“Exchange
Act” means the United States Securities Exchange Act of 1934, as amended, or any similar United States federal statute and
the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time.

 

“Memorandum
of Association” means the memorandum of association of the Company, as amended or substituted from time to time.

 

“Office”
means the registered office of the Company as required by the Companies Act.

 

“Officers”
means the officers for the time being and from time to time of the Company.

 

“Ordinary
Resolution” means a resolution:

 

		(a)	passed
                                            by a simple majority of such Shareholders as, being entitled to do so, vote in person or,
                                            where proxies are allowed, by proxy at a general meeting of the Company and where a poll
                                            is taken regard shall be had in computing a majority to the number of votes to which each
                                            Shareholder is entitled; or

 

		(b)	approved
                                            in writing by all of the Shareholders entitled to vote at a general meeting of the Company
                                            in one or more instruments each signed by one or more of the Shareholders and the effective
                                            date of the resolution so adopted shall be the date on which the instrument, or the last
                                            of such instruments, if more than one, is executed.

 

“Ordinary
Shares” means the Ordinary Shares in the capital of the Company of US$0.0001 nominal or par value designated as Ordinary Shares,
and having the rights provided for in these Articles.

 

“paid
up” means paid up as to the par value in respect of the issue of any Shares and includes credited as paid up.

 

“Person”
means any natural person, firm, company, joint venture, partnership, corporation, association or other entity (whether or not having
a separate legal personality) or any of them as the context so requires, other than in respect of a Director or Officer in which circumstances
Person shall mean any person or entity permitted to act as such in accordance with the laws of the Cayman Islands.

 

“Preference
Shares” means the Preference Shares in the capital of the Company of US$0.0001 nominal or par value designated as Preference
Shares, and having the rights provided for in these Articles.

 

“Principal
Register”, where the Company has established one or more Branch Registers pursuant to the Companies Act and these Articles,
means the Register maintained by the Company pursuant to the Companies Act and these Articles that is not designated by the Directors
as a Branch Register.

 

“Register”
means the register of Members of the Company required to be kept pursuant to the Companies Act and includes any Branch Register(s) established
by the Company in accordance with the Companies Act.

 

“Seal”
means the common seal of the Company (if adopted) including any facsimile thereof.

 

“SEC”
means the United States Securities and Exchange Commission.

 

“Secretary”
means any Person appointed by the Directors to perform any of the duties of the secretary of the Company.

 

“Series”
means a series of a Class as may from time to time be issued by the Company.

 

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“Share”
means a share in the capital of the Company. All references to “Shares” herein shall be deemed to be Shares of any
or all Classes as the context may require. For the avoidance of doubt in these Articles the expression “Share” shall include
a fraction of a Share.

 

“Shareholder”
or “Member” means a Person who is registered as the holder of Shares in the Register and includes each subscriber
to the Memorandum of Association pending entry in the Register of such subscriber.

 

“Share
Premium Account” means the share premium account established in accordance with these Articles and the Companies Act.

 

“signed”
means bearing a signature or representation of a signature affixed by mechanical means.

 

“Special
Resolution” means a special resolution of the Company passed in accordance with the Companies Act, being a resolution:

 

		(a)	passed
                                            by a majority of not less than two-thirds of such Shareholders as, being entitled to do so,
                                            vote in person or, where proxies are allowed, by proxy at a general meeting of the Company
                                            of which notice specifying the intention to propose the resolution as a special resolution
                                            has been duly given and where a poll is taken regard shall be had in computing a majority
                                            to the number of votes to which each Shareholder is entitled; or

 

		(b)	approved
                                            in writing by all of the Shareholders entitled to vote at a general meeting of the Company
                                            in one or more instruments each signed by one or more of the Shareholders and the effective
                                            date of the special resolution so adopted shall be the date on which the instrument or the
                                            last of such instruments, if more than one, is executed.

 

“Treasury
Shares” means Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company
and not cancelled.

 

		2.	In
                                            these Articles, save where the context requires otherwise:

 

		(a)	words
                                            importing the singular number shall include the plural number and vice versa;

 

		(b)	words
                                            importing the masculine gender only shall include the feminine gender, and vice versa, and
                                            any Person as the context may require;

 

		(c)	the
                                            word “may” shall be construed as permissive and the word “shall”
                                            shall be construed as imperative;

 

		(d)	reference
                                            to a dollar or dollars or US$ (or $) and to a cent or cents is reference to dollars and cents
                                            of the United States of America;

 

		(e)	reference
                                            to a statutory enactment shall include reference to any amendment or re-enactment thereof
                                            for the time being in force;

 

		(f)	reference
                                            to any determination by the Directors shall be construed as a determination by the Directors
                                            in their sole and absolute discretion and shall be applicable either generally or in any
                                            particular case; and

 

		(g)	reference
                                            to “in writing” shall be construed as written or represented by any means reproducible
                                            in writing, including any form of print, lithograph, email, facsimile, photograph or telex
                                            or represented by any other substitute or format for storage or transmission for writing
                                            or partly one and partly another.

 

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		3.	Subject
                                            to the preceding Articles, any words defined in the Companies Act shall, if not inconsistent
                                            with the subject or context, bear the same meaning in these Articles.

 

Preliminary

 

		4.	The
                                            business of the Company may be commenced at any time after incorporation.

 

		5.	The
                                            Office shall be at such address in the Cayman Islands as the Directors may from time to time
                                            determine. The Company may in addition establish and maintain such other offices and places
                                            of business and agencies in such places as the Directors may from time to time determine.

 

		6.	The
                                            expenses incurred in the formation of the Company and in connection with the offer for subscription
                                            and issue of Shares shall be paid by the Company. Such expenses may be amortised over such
                                            period as the Directors may determine and the amount so paid shall be charged against income
                                            and/or capital in the accounts of the Company as the Directors shall determine.

 

		7.	The
                                            Directors shall keep, or cause to be kept, the Register at such place or (subject to compliance
                                            with the Companies Act and these Articles) places as the Directors may from time to time
                                            determine. In the absence of any such determination, the Register shall be kept at the Office.
                                            The Directors may keep, or cause to be kept, one or more Branch Registers as well as the
                                            Principal Register in accordance with the Companies Act; provided that a duplicate of such
                                            Branch Register(s) shall be maintained with the Principal Register in accordance with the
                                            Companies Act and the rules or requirements of any Designated Stock Exchange.

 

Shares

 

		8.	Subject
                                            to these Articles, and, where applicable, the rules of the Designated Stock Exchange and/or
                                            any competent regulatory authority, all Shares for the time being unissued shall be under
                                            the control of the Directors who may:

 

		(a)	issue,
                                            allot and dispose of the same to such Persons, in such manner, on such terms and having such
                                            rights and being subject to such restrictions as they may from time to time determine; and

 

		(b)	grant
                                            options with respect to such Shares and issue warrants or similar instruments with respect
                                            thereto;

 

and,
for such purposes, the Directors may reserve an appropriate number of Shares for the time being unissued.

 

		9.	Where
                                            the Directors issue a Share having no preferred, deferred, redemption or other special rights,
                                            it shall be issued as an Ordinary Share and entitle the holder, subject to any other Share
                                            having any preferred, deferred, redemption or other special rights, to:

 

		(a)	receive
                                            notice of, attend and vote at any general meeting of the Company and on any Ordinary Resolution
                                            or Special Resolution;

 

		(b)	an
                                            equal share in any dividend or other Distribution paid by the Company; and

 

		(c)	an
                                            equal share in the distribution of the surplus assets of the Company.

 

		10.	The
                                            Company may issue units of securities in the Company, which may be comprised of whole or
                                            fractional Shares, rights, options, warrants or convertible securities or securities of similar
                                            nature conferring the right upon the holders thereof to subscribe for, purchase or receive
                                            any class of Shares or other securities in the Company, upon such terms as the Directors
                                            may from time to time determine.

 

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The
Directors may provide, out of the unissued shares, for a series of Preference Shares. Before any Preference Shares of any such series
are issued, the Directors shall fix, by resolution or resolutions, the following provisions of the Preference Shares thereof, if applicable:

 

		a.	the
                                            designation of such series, the number of Preference Shares to constitute such series and
                                            the subscription price thereof if different from the par value thereof;

 

		b.	whether
                                            the shares of such series shall have voting rights, in addition to any voting rights provided
                                            by law, and, if so, the terms of such voting rights, which may be general or limited;

 

		c.	the
                                            dividends, if any, payable on such series, whether any such dividends shall be cumulative,
                                            and, if so, from what dates, the conditions and dates upon which such dividends shall be
                                            payable, the preference or relation which such dividends shall bear to the dividends payable
                                            on any shares of any other class or any other series of Preference Shares;

 

		d.	whether
                                            the Preference Shares of such series shall be subject to redemption by the Company, and,
                                            if so, the times, prices and other conditions of such redemption;

 

		e.	the
                                            amount or amounts payable upon Preference Shares of such series upon, and the rights of the
                                            holders of such series in, a voluntary or involuntary liquidation, dissolution or winding
                                            up, or upon any distribution of the assets, of the Company;

 

		f.	whether
                                            the Preference Shares of such series shall be subject to the operation of a retirement or
                                            sinking fund and, if so, the extent to and manner in which any such retirement or sinking
                                            fund shall be applied to the purchase or redemption of the Preference Shares of such series
                                            for retirement or other corporate purposes and the terms and provisions relative to the operation
                                            thereof;

 

		g.	whether
                                            the Preference Shares of such series shall be convertible into, or exchangeable for, shares
                                            of any other class or any other series of Preference Shares or any other securities and,
                                            if so, the price or prices or the rate or rates of conversion or exchange and the method,
                                            if any, of adjusting the same, and any other terms and conditions of conversion or exchange;

 

		h.	the
                                            limitations and restrictions, if any, to be effective while any Preference Shares of such
                                            series are outstanding upon the payment of dividends or the making of other distributions
                                            on, and upon the purchase, redemption or other acquisition by the Company of, the existing
                                            shares or shares of any other class of shares or any other series of Preference Shares;

 

		i.	the
                                            conditions or restrictions, if any, upon the creation of indebtedness of the Company or upon
                                            the issue of any additional shares, including additional shares of such series or of any
                                            other class of shares or any other series of Preference Shares; and

 

		j.	any
                                            other powers, preferences and relative, participating, optional and other special rights,
                                            and any qualifications, limitations and restrictions thereof.

 

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The
powers, preferences and relative, participating, optional and other special rights of each series of Preference Shares, and the qualifications,
limitations or restrictions thereof, if any, may differ from those of any and all other series at any time outstanding. All shares of
any one series of Preference Shares shall be identical in all respects with all other shares of such series, except that shares of any
one series issued at different times may differ as to the dates from which dividends thereon shall be cumulative.

 

		11.	The
                                            Directors, or the Shareholders by Ordinary Resolution, may authorise the division of Shares
                                            into any number of Classes and sub-classes and Series and sub-series and the different Classes
                                            and sub-classes and Series and sub-series shall be authorised, established and designated
                                            (or re-designated as the case may be) and the variations in the relative rights (including,
                                            without limitation, voting, dividend and redemption rights), restrictions, preferences, privileges
                                            and payment obligations as between the different Classes and Series (if any) may be fixed
                                            and determined by the Directors or the Shareholders by Ordinary Resolution.

 

		12.	The
                                            Company may insofar as may be permitted by law, pay a commission to any Person in consideration
                                            of his or her subscribing or agreeing to subscribe whether absolutely or conditionally for
                                            any Shares. Such commissions may be satisfied by the payment of cash or the lodgement of
                                            fully or partly paid-up Shares or partly in one way and partly in the other. The Company
                                            may also pay such brokerage as may be lawful on any issue of Shares.

 

		13.	The
                                            Directors may refuse to accept any application for Shares, and may accept any application
                                            in whole or in part, for any reason or for no reason.

 

Modification
Of Rights

 

		14.	Whenever
                                            the capital of the Company is divided into different Classes (and as otherwise determined
                                            by the Directors) the rights attached to any such Class may, subject to any rights or restrictions
                                            for the time being attached to any Class only be materially adversely varied or abrogated
                                            with the consent in writing of the holders of not less than two-thirds of the issued Shares
                                            of the relevant Class (other than with respect to a waiver of the provisions of Article 13
                                            hereof, which as stated therein shall only require the consent in writing of the holders
                                            of a majority of the issued Shares of that class), or with the sanction of a resolution passed
                                            at a separate meeting of the holders of the Shares of such Class by a majority of two-thirds
                                            of the votes cast at such a meeting. To every such separate meeting all the provisions of
                                            these Articles relating to general meetings of the Company or to the proceedings thereat
                                            shall, mutatis mutandis, apply, except that the necessary quorum shall be one or more
                                            Persons at least holding or representing by proxy one-third in nominal or par value amount
                                            of the issued Shares of the relevant Class (but so that if at any adjourned meeting of such
                                            holders a quorum as above defined is not present, those Shareholders who are present shall
                                            form a quorum) and that, subject to any rights or restrictions for the time being attached
                                            to the Shares of that Class, every Shareholder of the Class shall on a poll have one vote
                                            for each Share of the Class held by him or her. For the purposes of this Article the Directors
                                            may treat all the Classes or any two or more Classes as forming one Class if they consider
                                            that all such Classes would be affected in the same way by the proposals under consideration,
                                            but in any other case shall treat them as separate Classes. The Directors may vary the rights
                                            attaching to any Class without the consent or approval of Shareholders; provided that the
                                            rights will not, in the determination of the Directors, be materially adversely varied or
                                            abrogated by such action.

 

		15.	The
                                            rights conferred upon the holders of the Shares of any Class issued with preferred or other
                                            rights shall not, subject to any rights or restrictions for the time being attached to the
                                            Shares of that Class, be deemed to be materially adversely varied or abrogated by, inter
                                            alia, the creation, allotment or issue of further Shares ranking pari passu with
                                            or subsequent to them or Shares with preferred rights or the redemption or purchase of any
                                            Shares of any Class by the Company.

 

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Certificates

 

		16.	If
                                            so determined by the Directors, any Person whose name is entered as a member in the Register
                                            may receive a certificate in the form determined by the Directors. All certificates shall
                                            specify the Share or Shares held by that person and the amount paid up thereon; provided
                                            that in respect of a Share or Shares held jointly by several persons the Company shall not
                                            be bound to issue more than one certificate, and delivery of a certificate for a Share to
                                            one of several joint holders shall be sufficient delivery to all. All certificates for Shares
                                            shall be delivered personally or sent through the post addressed to the member entitled thereto
                                            at the Member’s registered address as appearing in the Register.

 

		17.	Every
                                            share certificate of the Company shall bear legends required under the applicable laws, including
                                            the Exchange Act.

 

		18.	Any
                                            two or more certificates representing Shares of any one Class held by any Member may at the
                                            Member’s request be cancelled and a single new certificate for such Shares issued in
                                            lieu of payment (if the Directors shall so require) of $1.00 or such smaller sum as the Directors
                                            shall determine.

 

		19.	If
                                            a share certificate shall be damaged or defaced or alleged to have been lost, stolen or destroyed,
                                            a new certificate representing the same Shares may be issued to the relevant Member upon
                                            request subject to delivery of the old certificate or (if alleged to have been lost, stolen
                                            or destroyed) compliance with such conditions as to evidence and indemnity and the payment
                                            of out-of-pocket expenses of the Company in connection with the request as the Directors
                                            may think fit.

 

		20.	In
                                            the event that Shares are held jointly by several persons, any request may be made by any
                                            one of the joint holders and if so made shall be binding on all of the joint holders.

 

Fractional
Shares

 

		21.	The
                                            Directors may issue fractions of a Share and, if so issued, a fraction of a Share shall be
                                            subject to and carry the corresponding fraction of liabilities (whether with respect to nominal
                                            or par value, premium, contributions, calls or otherwise), limitations, preferences, privileges,
                                            qualifications, restrictions, rights (including, without prejudice to the generality of the
                                            foregoing, voting and participation rights) and other attributes of a whole Share. If more
                                            than one fraction of a Share of the same Class is issued to or acquired by the same Shareholder
                                            such fractions shall be accumulated.

 

Lien

 

		22.	The
                                            Company has a first and paramount lien on every Share (whether or not fully paid) for all
                                            amounts (whether presently payable or not) payable at a fixed time or called in respect of
                                            that Share. The Company also has a first and paramount lien on every Share (whether or not
                                            fully paid) registered in the name of a Person indebted or under liability to the Company
                                            (whether he or she is the sole registered holder of a Share or one of two or more joint holders)
                                            for all amounts owing by him or her or his or her estate to the Company (whether or not presently
                                            payable). The Directors may at any time declare a Share to be wholly or in part exempt from
                                            the provisions of this Article. The Company’s lien on a Share extends to any amount
                                            payable in respect of it.

 

		23.	The
                                            Company may sell, in such manner as the Directors may determine, any Share on which the Company
                                            has a lien, but no sale shall be made unless an amount in respect of which the lien exists
                                            is presently payable nor until the expiration of fourteen days after a notice in writing,
                                            demanding payment of such part of the amount in respect of which the lien exists as is presently
                                            payable, has been given to the registered holder for the time being of the Share, or the
                                            Persons entitled thereto by reason of his or her death or bankruptcy.

 

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		24.	For
                                            giving effect to any such sale the Directors may authorise some Person to transfer the Shares
                                            sold to the purchaser thereof. The purchaser shall be registered as the holder of the Shares
                                            comprised in any such transfer and he or she shall not be bound to see to the application
                                            of the purchase money, nor shall his or her title to the Shares be affected by any irregularity
                                            or invalidity in the proceedings in reference to the sale.

 

		25.	The
                                            proceeds of the sale after deduction of expenses, fees and commission incurred by the Company
                                            shall be received by the Company and applied in payment of such part of the amount in respect
                                            of which the lien exists as is presently payable, and the residue shall (subject to a like
                                            lien for sums not presently payable as existed upon the Shares prior to the sale) be paid
                                            to the Person entitled to the Shares immediately prior to the sale.

 

Calls
On Shares

 

		26.	Subject
                                            to the terms of the allotment and issue of any Shares, the Directors may from time to time
                                            make calls upon the Shareholders in respect of any moneys unpaid on their Shares, and each
                                            Shareholder shall (subject to receiving at least fourteen days’ notice specifying the
                                            time or times of payment) pay to the Company at the time or times so specified the amount
                                            called on such Shares.

 

		27.	The
                                            joint holders of a Share shall be jointly and severally liable to pay calls in respect thereof.

 

		28.	If
                                            a sum called in respect of a Share is not paid before or on the day appointed for payment
                                            thereof, the Person from whom the sum is due shall pay interest upon the sum at the rate
                                            of eight percent per annum from the day appointed for the payment thereof to the time of
                                            the actual payment, but the Directors shall be at liberty to waive payment of that interest
                                            wholly or in part.

 

		29.	The
                                            provisions of these Articles as to the liability of joint holders and as to payment of interest
                                            shall apply in the case of non-payment of any sum which, by the terms of issue of a Share,
                                            becomes payable at a fixed time, whether on account of the amount of the Share, or by way
                                            of premium, as if the same had become payable by virtue of a call duly made and notified.

 

		30.	The
                                            Directors may make arrangements on the issue of partly paid Shares for a difference between
                                            the Shareholders, or the particular Shares, in the amount of calls to be paid and in the
                                            times of payment.

 

		31.	The
                                            Directors may, if they think fit, receive from any Shareholder willing to advance the same
                                            all or any part of the moneys uncalled and unpaid upon any partly paid Shares held by him
                                            or her, and upon all or any of the moneys so advanced may (until the same would, but for
                                            such advance, become presently payable) pay interest at such rate (not exceeding without
                                            the sanction of an Ordinary Resolution, eight percent per annum) as may be agreed upon between
                                            the Shareholder paying the sum in advance and the Directors.

 

Forfeiture
Of Shares

 

		32.	If
                                            a Shareholder fails to pay any call or instalment of a call in respect of any Shares on the
                                            day appointed for payment, the Directors may, at any time thereafter during such time as
                                            any part of such call or instalment remains unpaid, serve a notice on him or her requiring
                                            payment of so much of the call or instalment as is unpaid, together with any interest which
                                            may have accrued.

 

		33.	The
                                            notice shall name a further day (not earlier than the expiration of fourteen days from the
                                            date of the notice) on or before which the payment required by the notice is to be made,
                                            and shall state that in the event of non-payment at or before the time appointed the Shares
                                            in respect of which the call was made will be liable to be forfeited.

 

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		34.	If
                                            the requirements of any such notice as aforesaid are not complied with, any Share in respect
                                            of which the notice has been given may at any time thereafter, before the payment required
                                            by notice has been made, be forfeited by a resolution of the Directors to that effect.

 

		35.	A
                                            forfeited Share may be sold or otherwise disposed of on such terms and in such manner as
                                            the Directors think fit, and at any time before a sale or disposition the forfeiture may
                                            be cancelled on such terms as the Directors think fit.

 

		36.	A
                                            Person whose Shares have been forfeited shall cease to be a Shareholder in respect of the
                                            forfeited Shares, but shall, notwithstanding, remain liable to pay to the Company all moneys
                                            which at the date of forfeiture were payable by him or her to the Company in respect of the
                                            Shares forfeited, but his or her liability shall cease if and when the Company receives payment
                                            in full of the amount unpaid on the Shares forfeited.

 

		37.	A
                                            statutory declaration in writing that the declarant is a Director, and that a Share has been
                                            duly forfeited on a date stated in the declaration, shall be conclusive evidence of the facts
                                            in the declaration as against all Persons claiming to be entitled to the Share.

 

		38.	The
                                            Company may receive the consideration, if any, given for a Share on any sale or disposition
                                            thereof pursuant to the provisions of these Articles as to forfeiture and may execute a transfer
                                            of the Share in favour of the Person to whom the Share is sold or disposed of and that Person
                                            shall be registered as the holder of the Share, and shall not be bound to see to the application
                                            of the purchase money, if any, nor shall his or her title to the Shares be affected by any
                                            irregularity or invalidity in the proceedings in reference to the disposition or sale.

 

		39.	The
                                            provisions of these Articles as to forfeiture shall apply in the case of non-payment of any
                                            sum which by the terms of issue of a Share becomes due and payable, whether on account of
                                            the amount of the Share, or by way of premium, as if the same had been payable by virtue
                                            of a call duly made and notified.

 

Transfer
Of Shares

 

		40.	Subject
                                            to these Articles and the rules or regulations of the Designated Stock Exchange or any relevant
                                            rules of the SEC or securities laws (including, but not limited to the Exchange Act), a Shareholder
                                            may transfer all or any of his or her Shares. If the Shares in question were issued in conjunction
                                            with rights, options or warrants issued pursuant to the Articles on terms that one cannot
                                            be transferred without the other, the Directors shall refuse to register the transfer of
                                            any such Share without evidence satisfactory to them of the like transfer of such option
                                            or warrant.

 

		41.	The
                                            instrument of transfer of any Share shall be in:

 

		k.	any
                                            usual or common form;

 

		l.	such
                                            form as is prescribed by the Designated Stock Exchange; or

 

		m.	in
                                            any other form the Directors may determine,

 

and
shall be executed by or on behalf of the transferor (or otherwise as prescribed by the rules and regulations of the Designated Stock
Exchange) and if in respect of a nil or partly paid up Share, or if so required by the Directors, shall also be executed on behalf of
the transferee and shall be accompanied by the certificate (if any) of the Shares to which it relates and such other evidence as the
Directors may reasonably require to show the right of the transferor to make the transfer. The transferor shall be deemed to remain a
Shareholder until the name of the transferee is entered in the Register in respect of the relevant Shares.

 

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		42.	Subject
                                            to the terms of issue thereof and the rules or regulations of the Designated Stock Exchange
                                            or any relevant rules of the SEC or securities laws (including, but not limited to the Exchange
                                            Act), the Directors may determine to decline to register any transfer of Shares without assigning
                                            any reason therefor.

 

		43.	The
                                            registration of transfers may be suspended at such times and for such periods as the Directors
                                            may from time to time determine.

 

		44.	All
                                            instruments of transfer that are registered shall be retained by the Company, but any instrument
                                            of transfer that the Directors decline to register shall (except in any case of fraud) be
                                            returned to the Person depositing the same.

 

Transmission
Of Shares

 

		45.	The
                                            legal personal representative of a deceased sole holder of a Share shall be the only Person
                                            recognised by the Company as having any title to the Share. In the case of a Share registered
                                            in the name of two or more holders, the survivors or survivor, or the legal personal representatives
                                            of the deceased holder of the Share, shall be the only Person recognised by the Company as
                                            having any title to the Share.

 

		46.	Any
                                            Person becoming entitled to a Share in consequence of the death or bankruptcy of a Shareholder
                                            shall upon such evidence being produced as may from time to time be required by the Directors,
                                            have the right either to be registered as a Shareholder in respect of the Share or, instead
                                            of being registered himself or herself, to make such transfer of the Share as the deceased
                                            or bankrupt Person could have made; but the Directors shall, in either case, have the same
                                            right to decline or suspend registration as they would have had in the case of a transfer
                                            of the Share by the deceased or bankrupt Person before the death or bankruptcy.

 

		47.	A
                                            Person becoming entitled to a Share by reason of the death or bankruptcy of a Shareholder
                                            shall be entitled to the same dividends and other advantages to which he or she would be
                                            entitled if he or she were the registered Shareholder, except that he or she shall not, before
                                            being registered as a Shareholder in respect of the Share, be entitled in respect of it to
                                            exercise any right conferred by membership in relation to meetings of the Company.

 

Alteration
Of SHARE Capital

 

		48.	The
                                            Company may from time to time by Ordinary Resolution increase the share capital by such sum,
                                            to be divided into Shares of such Classes and amount, as the resolution shall prescribe.

 

		49.	The
                                            Company may by Ordinary Resolution:

 

		(a)	consolidate
                                            and divide all or any of its share capital into Shares of a larger amount than its existing
                                            Shares;

 

		(b)	convert
                                            all or any of its paid up Shares into stock and reconvert that stock into paid up Shares
                                            of any denomination;

 

		(c)	subdivide
                                            its existing Shares, or any of them into Shares of a smaller amount; provided that in the
                                            subdivision the proportion between the amount paid and the amount, if any, unpaid on each
                                            reduced Share shall be the same as it was in case of the Share from which the reduced Share
                                            is derived; and

 

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		(d)	cancel
                                            any Shares that, at the date of the passing of the resolution, have not been taken or agreed
                                            to be taken by any Person and diminish the amount of its share capital by the amount of the
                                            Shares so cancelled.

 

		50.	The
                                            Company may by Special Resolution reduce its share capital and any capital redemption reserve
                                            in any manner authorised by law.

 

Redemption,
Purchase and Surrender Of Shares

 

		51.	Subject
                                            to the Companies Act and the rules of the Designated Stock Exchange, the Company may:

 

		(a)	issue
                                            Shares on terms that they are to be redeemed or are liable to be redeemed at the option of
                                            the Company or the Shareholder on such terms and in such manner as the Directors may determine;

 

		(b)	purchase
                                            its own Shares (including any redeemable Shares) on such terms and in such manner as the
                                            Directors may determine and agree with the Shareholder;

 

		(c)	make
                                            a payment in respect of the redemption or purchase of its own Shares in any manner authorised
                                            by the Companies Act, including out of its capital; and

 

		(d)	accept
                                            the surrender for no consideration of any paid up Share (including any redeemable Share)
                                            on such terms and in such manner as the Directors may determine.

 

		52.	Any
                                            Share in respect of which notice of redemption has been given shall not be entitled to participate
                                            in the profits of the Company in respect of the period after the date specified as the date
                                            of redemption in the notice of redemption.

 

		53.	The
                                            redemption, purchase or surrender of any Share shall not be deemed to give rise to the redemption,
                                            purchase or surrender of any other Share.

 

		54.	The
                                            Directors may when making payments in respect of redemption or purchase of Shares, if authorised
                                            by the terms of issue of the Shares being redeemed or purchased or with the agreement of
                                            the holder of such Shares, make such payment either in cash or in specie including, without
                                            limitation, interests in a special purpose vehicle holding assets of the Company or holding
                                            entitlement to the proceeds of assets held by the Company or in a liquidating structure.

 

Treasury
Shares

 

		55.	Shares
                                            that the Company purchases, redeems or acquires (by way of surrender or otherwise) may, at
                                            the option of the Company, be cancelled immediately or held as Treasury Shares in accordance
                                            with the Companies Act. In the event that the Directors do not specify that the relevant
                                            Shares are to be held as Treasury Shares, such Shares shall be cancelled.

 

		56.	No
                                            dividend may be declared or paid, and no other distribution (whether in cash or otherwise)
                                            of the Company’s assets (including any distribution of assets to Members on a winding
                                            up) may be declared or paid in respect of a Treasury Share.

 

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		57.	The
                                            Company shall be entered in the Register as the holder of the Treasury Shares; provided that:

 

		(a)	the
                                            Company shall not be treated as a member for any purpose and shall not exercise any right
                                            in respect of the Treasury Shares, and any purported exercise of such a right shall be void;

 

		(b)	a
                                            Treasury Share shall not be voted, directly or indirectly, at any meeting of the Company
                                            and shall not be counted in determining the total number of issued shares at any given time,
                                            whether for the purposes of these Articles or the Companies Act, save that an allotment of
                                            Shares as fully paid bonus shares in respect of a Treasury Share is permitted and Shares
                                            allotted as fully paid bonus shares in respect of a treasury share shall be treated as Treasury
                                            Shares.

 

		58.	Treasury
                                            Shares may be disposed of by the Company on such terms and conditions as determined by the
                                            Directors.

 

UNTRACEABLE
MEMBERS

 

Without
prejudice to the rights of the Company under Article 59, the Company may cease sending cheques for dividend entitlements or dividend
warrants by post if such cheques or warrants have been left uncashed on two consecutive occasions. However, the Company may exercise
the power to cease sending cheques for dividend entitlements or dividend warrants after the first occasion on which such a cheque or
warrant is returned undelivered.

 

The
Company shall have the power to sell, in such manner as the Board thinks fit, any shares of a Member who is untraceable, but no such
sale shall be made unless:

 

		n.	all
                                            cheques or warrants in respect of dividends of the shares in question, being not less than
                                            three in total number, for any sum payable in cash to the holder of such shares in respect
                                            of them sent during the relevant period in the manner authorised by the Articles have remained
                                            uncashed;

 

		o.	so
                                            far as it is aware at the end of the relevant period, the Company has not at any time during
                                            the relevant period received any indication of the existence of the Member who is the holder
                                            of such shares or of a person entitled to such shares by death, bankruptcy or operation of
                                            law; and

 

		p.	the
                                            Company, if so required by the rules governing the listing of shares on the Designated Stock
                                            Exchange, has given notice to, and caused advertisement in newspapers to be made in accordance
                                            with the requirements of, the Designated Stock Exchange of its intention to sell such shares
                                            in the manner required by the Designated Stock Exchange, and a period of three (3) months
                                            or such shorter period as may be allowed by the Designated Stock Exchange has elapsed since
                                            the date of such advertisement.

 

For
the purpose of the foregoing, the “relevant period” means the period commencing twelve (12) years before the date of publication
of the advertisement referred to in paragraph (c) of this Article and ending at the expiry of the period referred to in that paragraph.

 

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To
give effect to any such sale the Board may authorise some person to transfer the said shares and an instrument of transfer signed or
otherwise executed by or on behalf of such person shall be as effective as if it had been executed by the registered holder or the person
entitled by transmission to such shares, and the purchaser shall not be bound to see to the application of the purchase money nor shall
his title to the shares be affected by any irregularity or invalidity in the proceedings relating to the sale. The net proceeds of the
sale will belong to the Company and upon receipt by the Company of such net proceeds it shall become indebted to the former Member for
an amount equal to such net proceeds. No trust shall be created in respect of such debt and no interest shall be payable in respect of
it and the Company shall not be required to account for any money earned from the net proceeds which may be employed in the business
of the Company or as it thinks fit. Any sale under this Article shall be valid and effective notwithstanding that the Member holding
the shares sold is dead, bankrupt or otherwise under any legal disability or incapacity.

 

General
Meetings

 

		59.	The
                                            Directors may, whenever they think fit, convene a general meeting of the Company and, for
                                            the avoidance of doubt, Members shall not have the ability to call general meetings except
                                            as provided in Article 64. Members seeking to bring business before an annual general meeting
                                            or to nominate candidates for appointment as Directors at an annual general meeting must
                                            provide written notice of such business to the Company, and otherwise satisfy the procedures
                                            and eligibility requirements of Rule 14a-8 of the Exchange Act and any other applicable
                                            laws.

 

		60.	For
                                            so long as the Company’s Shares are traded on a Designated Stock Exchange, the Company
                                            shall in each year hold a general meeting as its annual general meeting at such time and
                                            place (including any Electronic Facility) as may be determined by the Directors in accordance
                                            with the rules of the Designated Stock Exchange, unless such Designated Stock Exchange does
                                            not require the holding of an annual general meeting.

 

		61.	The
                                            Directors may cancel or postpone any duly convened general meeting at any time prior to such
                                            meeting, for any reason or for no reason at any time prior to the time for holding such meeting
                                            or, if the meeting is adjourned, the time for holding such adjourned meeting. The Directors
                                            shall give Shareholders notice in writing of any cancellation or postponement. A postponement
                                            may be for a stated period of any length or indefinitely as the Directors may determine.

 

		62.	If
                                            at any time there are no Directors, any two Shareholders (or if there is only one Shareholder
                                            then that Shareholder) entitled to vote at general meetings of the Company may convene a
                                            general meeting in the same manner as nearly as possible as that in which general meetings
                                            may be convened by the Directors.

 

Notice
Of General Meetings

 

		63.	At
                                            least five clear days’ notice in writing counting from the date service is deemed to
                                            take place as provided in these Articles specifying the place (including any Electronic Facility),
                                            the day and the hour of the meeting and the general nature of the business, shall be given
                                            in the manner hereinafter provided or in such other manner (if any) as may be prescribed
                                            by the Company by Ordinary Resolution to such Persons as are, under these Articles, entitled
                                            to receive such notices from the Company, but with the consent of all the Shareholders entitled
                                            to receive notice of some particular meeting and attend and vote thereat, that meeting may
                                            be convened by such shorter notice or without notice and in such manner as those Shareholders
                                            may think fit.

 

		64.	The
                                            accidental omission to give notice of a meeting to or the non-receipt of a notice of a meeting
                                            by any Shareholder shall not invalidate the proceedings at any meeting.

 

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Proceedings
At General Meetings

 

		65.	All
                                            business carried out at a general meeting shall be deemed special with the exception of sanctioning
                                            a dividend, the consideration of the accounts, balance sheets, any report of the Directors
                                            or of the Company’s auditors, and the fixing of the remuneration of the Company’s
                                            auditors. No special business shall be transacted at any general meeting without the consent
                                            of all Shareholders entitled to receive notice of that meeting unless notice of such special
                                            business has been given in the notice convening that meeting.

 

		66.	No
                                            business shall be transacted at any general meeting unless a quorum of Shareholders is present
                                            at the time when the meeting proceeds to business. Save as otherwise provided in these Articles,
                                            one or more Shareholders holding at least a majority of the paid up voting share capital
                                            of the Company present in person or by proxy and entitled to vote at that meeting shall form
                                            a quorum.

 

If
within half an hour from the time appointed for the meeting a quorum is not present, the meeting, if convened upon the requisition of
Shareholders, shall be dissolved. In any other case it shall stand adjourned to the same day in the next week, at the same time and place,
or to such other day, time and/or place (including any Electronic Facility) as the Directors may determine, and if at the adjourned meeting
a quorum is not present within half an hour from the time appointed for the meeting the Shareholder or Shareholders present and entitled
to vote shall form a quorum.

 

		67.	If
                                            the Directors wish to make this facility available for a specific general meeting or all
                                            general meetings of the Company, participation in any general meeting of the Company may
                                            be by means of any Electronic Facility/ a telephone or similar communication equipment by
                                            way of which all Persons participating in such meeting can communicate with each other and
                                            such participation shall be deemed to constitute presence in person at the meeting.

 

		68.	The
                                            chairperson, if any, of the Directors shall preside as chairperson at every general meeting
                                            of the Company.

 

		69.	If
                                            there is no such chairperson, or if at any general meeting he or she is not present within
                                            fifteen minutes after the time appointed for holding the meeting or is unwilling to act as
                                            chairperson, any Director or Person nominated by the Directors shall preside as chairperson,
                                            failing which the Shareholders present in person or by proxy shall choose any Person present
                                            to be chairperson of that meeting.

 

		70.	The
                                            chairperson may adjourn a meeting from time to time and from place to place (including any
                                            Electronic Facility) either:

 

		(a)	with
                                            the consent of any general meeting at which a quorum is present (and shall if so directed
                                            by the meeting); or

 

		(b)	without
                                            the consent of such meeting if, in his or her sole opinion, he or she considers it necessary
                                            to do so to:

 

		(i)	secure
                                            the orderly conduct or proceedings of the meeting; or

 

		(ii)	give
                                            all persons present in person or by proxy and having the right to speak and/or vote at such
                                            meeting, the ability to do so,

 

but
no business shall be transacted at any adjourned meeting other than the business left unfinished at the meeting from which the adjournment
took place. When a meeting, or adjourned meeting, is adjourned for fourteen days or more, notice of the adjourned meeting shall be given
in the manner provided for the original meeting. Save as aforesaid, it shall not be necessary to give any notice of an adjournment or
of the business to be transacted at an adjourned meeting.

 

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		71.	A
                                            resolution put to the vote of the meeting shall only be decided on a poll in such manner
                                            as the chairperson directs, and the result of the poll shall be deemed to be the resolution
                                            of the meeting.

 

		72.	In
                                            the case of an equality of votes, the chairperson of the meeting shall be entitled to a second
                                            or casting vote.

 

Votes
Of shareholders

 

		73.	Except
                                            as otherwise provided in these Articles and subject to any rights and restrictions for the
                                            time being attached to any Share, every Shareholder present in person and every Person representing
                                            a Shareholder by proxy shall, at a general meeting of the Company, have one vote for each
                                            Share of which he or she or the Person represented by proxy is the holder.

 

		74.	In
                                            the case of joint holders the vote of the senior who tenders a vote whether in person or
                                            by proxy shall be accepted to the exclusion of the votes of the other joint holders and for
                                            this purpose seniority shall be determined by the order in which the names stand in the Register.

 

		75.	A
                                            Shareholder of unsound mind, or in respect of whom an order has been made by any court having
                                            jurisdiction in lunacy, may vote in respect of Shares carrying the right to vote held by
                                            him or her, by his or her committee, or other Person in the nature of a committee appointed
                                            by that court, and any such committee or other Person, may vote in respect of such Shares
                                            by proxy.

 

		76.	No
                                            Shareholder shall be entitled to vote at any general meeting of the Company unless all calls,
                                            if any, or other sums presently payable by him or her in respect of Shares carrying the right
                                            to vote held by him or her have been paid.

 

		77.	On
                                            a poll votes may be given either personally or by proxy.

 

		78.	The
                                            instrument appointing a proxy shall be in writing under the hand of the appointor or of his
                                            or her attorney duly authorised in writing or, if the appointor is a corporation, either
                                            under Seal or under the hand of an Officer or attorney duly authorised or otherwise given
                                            in such other manner as the Directors may approve. A proxy need not be a Shareholder.

 

		79.	An
                                            instrument appointing a proxy may be in any usual or common form or such other form as the
                                            Directors may approve.

 

		80.	The
                                            instrument appointing a proxy shall be deposited at the Office or at such other place as
                                            is specified for that purpose in the notice convening the meeting no later than the time
                                            for holding the meeting or, if the meeting is adjourned, the time for holding such adjourned
                                            meeting.

 

		81.	A
                                            resolution in writing signed by all the Shareholders for the time being entitled to receive
                                            notice of and to attend and vote at general meetings of the Company (or being corporations
                                            by their duly authorised representatives) shall be as valid and effective as if the same
                                            had been passed at a general meeting of the Company duly convened and held.

 

Corporations
Acting By Representatives At Meetings

 

		82.	Any
                                            corporation which is a Shareholder or a Director may by resolution of its directors or other
                                            governing body authorise such Person as it thinks fit to act as its representative at any
                                            meeting of the Company or of any meeting of holders of a Class or of the Directors or of
                                            a committee of Directors, and the Person so authorised shall be entitled to exercise the
                                            same powers on behalf of the corporation which he or she represents as that corporation could
                                            exercise if it were an individual Shareholder or Director.

 

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CLEARING
HOUSES

 

		83.	If
                                            a clearing house (or its nominee) is a Member of the Company it may, by resolution of its
                                            directors or other governing body or by power of attorney, authorise such person or persons
                                            as it thinks fit to act as its representative or representatives at any general meeting of
                                            the Company or at any general meeting of any Class of Members of the Company; provided that,
                                            if more than one person is so authorised, the authorisation shall specify the number and
                                            Class of Shares in respect of which each such person is so authorised. A person so authorised
                                            pursuant to this Article shall be entitled to exercise the same powers on behalf of the clearing
                                            house (or its nominee) which he or she represents as that clearing house (or its nominee)
                                            could exercise if it were an individual Member holding the number and Class of Shares specified
                                            in such authorisation.

 

Directors

 

		84.	The
                                            Company may by Ordinary Resolution from time to time fix the maximum and minimum number of
                                            Directors to be appointed but unless such numbers are fixed as aforesaid the minimum number
                                            of Directors shall be one and the maximum number of Directors shall be unlimited. The remuneration
                                            of the Directors may be determined by the Directors.

 

		85.	There
                                            shall be no shareholding qualification for Directors.

 

		86.	The
                                            Company may by Ordinary Resolution (of all Shareholders entitled to vote) appoint or remove
                                            any Director in accordance with these Articles.

 

		87.	The
                                            Directors by affirmative vote of a majority of the remaining Directors then in office, even
                                            if less than a quorum, may appoint any person to be a Director, either to fill a vacancy
                                            or as an additional Director; provided that the appointment does not cause the number of
                                            Directors to exceed any number fixed by or in accordance with the Articles as the maximum
                                            number of Directors. Any Director appointed in accordance with the preceding sentence shall
                                            hold office for the remainder of the full term of the class of Directors in which the new
                                            directorship was created or the vacancy occurred and until such Director’s successor
                                            shall have been duly elected and qualified or until his or her earlier resignation, death
                                            or removal. When the number of Directors is increased or decreased, the board of Directors
                                            shall determine the class or classes to which the increased or decreased number of Directors
                                            shall be apportioned; provided, however, that no decrease in the number of Directors shall
                                            shorten the term of any incumbent Director.

 

Alternate
Director

 

		88.	Any
                                            Director may in writing appoint another Person to be his or her alternate and, save to the
                                            extent provided otherwise in the form of appointment, such alternate shall have authority
                                            to sign written resolutions on behalf of the appointing Director, but shall not be authorised
                                            to sign such written resolutions where they have been signed by the appointing Director,
                                            and to act in such Director’s place at any meeting of the Directors. Every such alternate
                                            shall be entitled to attend and vote at meetings of the Directors as the alternate of the
                                            Director appointing him or her and where he or she is a Director to have a separate vote
                                            in addition to his or her own vote. A Director may at any time in writing revoke the appointment
                                            of an alternate appointed by him or her. Such alternate shall not be an Officer solely as
                                            a result of his or her appointment as an alternate other than in respect of such times as
                                            the alternate acts as a Director. The remuneration of such alternate shall be payable out
                                            of the remuneration of the Director appointing him or her and the proportion thereof shall
                                            be agreed between them.

 

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Powers
And Duties Of Directors

 

		89.	Subject
                                            to the Companies Act, these Articles and to any resolutions passed in a general meeting,
                                            the business of the Company shall be managed by the Directors, who may pay all expenses incurred
                                            in setting up and registering the Company and may exercise all powers of the Company. No
                                            resolution passed by the Company in general meeting shall invalidate any prior act of the
                                            Directors that would have been valid if that resolution had not been passed.

 

		90.	The
                                            Directors may from time to time appoint any Person, whether or not a Director to hold such
                                            office in the Company as the Directors may think necessary for the administration of the
                                            Company (including, for the avoidance of doubt and without limitation, any Chairperson of
                                            the board of Directors, Chief Executive Officer, Chief Financial Officer, President, Vice
                                            Presidents, Treasurer, or any other Officers as may be determined by the Directors), and
                                            for such term and at such remuneration (whether by way of salary or commission or participation
                                            in profits or partly in one way and partly in another), and with such powers and duties as
                                            the Directors may think fit. Any Person so appointed by the Directors may be removed by the
                                            Directors.

 

		91.	The
                                            Directors may appoint any Person to be a Secretary (and if need be an assistant Secretary
                                            or assistant Secretaries) who shall hold office for such term, at such remuneration and upon
                                            such conditions and with such powers as they think fit. Any Secretary or assistant Secretary
                                            so appointed by the Directors may be removed by the Directors or by the Company.

 

		92.	The
                                            Directors may delegate any of their powers to committees consisting of such member or members
                                            of their body as they think fit; any committee so formed shall in the exercise of the powers
                                            so delegated conform to any regulations that may be imposed on it by the Directors.

 

		93.	The
                                            Directors may from time to time and at any time by power of attorney (whether under Seal
                                            or under hand) or otherwise appoint any company, firm or Person or body of Persons, whether
                                            nominated directly or indirectly by the Directors, to be the attorney or attorneys or authorised
                                            signatory (any such person being an “Attorney” or “Authorised
                                            Signatory”, respectively) of the Company for such purposes and with such powers,
                                            authorities and discretion (not exceeding those vested in or exercisable by the Directors
                                            under these Articles) and for such period and subject to such conditions as they may think
                                            fit, and any such power of attorney or other appointment may contain such provisions for
                                            the protection and convenience of Persons dealing with any such Attorney or Authorised Signatory
                                            as the Directors may think fit, and may also authorise any such Attorney or Authorised Signatory
                                            to delegate all or any of the powers, authorities and discretion vested in him or her.

 

		94.	The
                                            Directors may from time to time provide for the management of the affairs of the Company
                                            in such manner as they shall think fit and the provisions contained in the three next following
                                            Articles shall not limit the general powers conferred by this Article.

 

		95.	The
                                            Directors from time to time and at any time may establish any committees, local boards or
                                            agencies for managing any of the affairs of the Company and may appoint any Person to be
                                            a member of such committees or local boards and may appoint any managers or agents of the
                                            Company and may fix the remuneration of any such Person.

 

		96.	The
                                            Directors from time to time and at any time may delegate to any such committee, local board,
                                            manager or agent any of the powers, authorities and discretions for the time being vested
                                            in the Directors and may authorise the members for the time being of any such local board,
                                            or any of them to fill any vacancies therein and to act notwithstanding vacancies and any
                                            such appointment or delegation may be made on such terms and subject to such conditions as
                                            the Directors may think fit and the Directors may at any time remove any Person so appointed
                                            and may annul or vary any such delegation, but no Person dealing in good faith and without
                                            notice of any such annulment or variation shall be affected thereby.

 

		97.	Any
                                            such delegates as aforesaid may be authorised by the Directors to sub-delegate all or any
                                            of the powers, authorities, and discretion for the time being vested in them.

 

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		98.	The
                                            Directors may agree with a Shareholder to waive or modify the terms applicable to such Shareholder’s
                                            subscription for Shares without obtaining the consent of any other Shareholder; provided
                                            that such waiver or modification does not amount to a variation or abrogation of the rights
                                            attaching to the Shares of such other Shareholders.

 

		99.	The
                                            Directors shall have the authority to present a winding up petition on behalf of the Company
                                            without the sanction of a resolution passed by the Company in general meeting.

 

Borrowing
Powers Of Directors

 

		100.	The
                                            Directors may exercise all the powers of the Company to borrow money and to mortgage or charge
                                            its undertaking, property and uncalled capital or any part thereof, or to otherwise provide
                                            for a security interest to be taken in such undertaking, property or uncalled capital, and
                                            to issue debentures, debenture stock and other securities whenever money is borrowed or as
                                            security for any debt, liability or obligation of the Company or of any third party.

 

The
Seal

 

		101.	The
                                            Seal shall not be affixed to any instrument except by the authority of a resolution of the
                                            Directors; provided that such authority may be given prior to or after the affixing of the
                                            Seal and if given after may be in general form confirming a number of affixings of the Seal.
                                            The Seal shall be affixed in the presence of a Director or a Secretary (or an assistant Secretary)
                                            or in the presence of any one or more Persons as the Directors may appoint for the purpose
                                            and every Person as aforesaid shall sign every instrument to which the Seal is so affixed
                                            in their presence.

 

		102.	The
                                            Company may maintain a facsimile of the Seal in such countries or places as the Directors
                                            may appoint and such facsimile Seal shall not be affixed to any instrument except by the
                                            authority of a resolution of the Directors; provided that such authority may be given prior
                                            to or after the affixing of such facsimile Seal and if given after may be in general form
                                            confirming a number of affixings of such facsimile Seal. The facsimile Seal shall be affixed
                                            in the presence of such Person or Persons as the Directors shall for this purpose appoint
                                            and such Person or Persons as aforesaid shall sign every instrument to which the facsimile
                                            Seal is so affixed in their presence and such affixing of the facsimile Seal and signing
                                            as aforesaid shall have the same meaning and effect as if the Seal had been affixed in the
                                            presence of and the instrument signed by a Director or a Secretary (or an assistant Secretary)
                                            or in the presence of any one or more Persons as the Directors may appoint for the purpose.

 

		103.	Notwithstanding
                                            the foregoing, a Secretary or any assistant Secretary shall have the authority to affix the
                                            Seal, or the facsimile Seal, to any instrument for the purposes of attesting authenticity
                                            of the matter contained therein but which does not create any obligation binding on the Company.

 

Disqualification
Of Directors

 

		104.	The
                                            office of Director shall be vacated, if the Director:

 

		(a)	becomes
                                            bankrupt or makes any arrangement or composition with his or her creditors;

 

		(b)	dies
                                            or is found to be or becomes of unsound mind;

 

		(c)	resigns
                                            his or her office by notice in writing to the Company;

 

		(d)	is
                                            removed from office by Ordinary Resolution of all Shareholders entitled to vote; or

 

		(e)	is
                                            removed from office pursuant to any other provision of these Articles.

 

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Proceedings
Of Directors

 

		105.	The
                                            Directors may meet together (either within or outside the Cayman Islands) for the dispatch
                                            of business, adjourn, and otherwise regulate their meetings and proceedings as they think
                                            fit. Questions arising at any meeting shall be decided by a majority of votes. In case of
                                            an equality of votes the chairperson shall have a second or casting vote. A Director may,
                                            and a Secretary or assistant Secretary on the requisition of a Director shall, at any time
                                            summon a meeting of the Directors.

 

		106.	A
                                            Director may participate in any meeting of the Directors, or of any committee appointed by
                                            the Directors of which such Director is a member, by means of telephone or similar communication
                                            equipment by way of which all Persons participating in such meeting can communicate with
                                            each other and such participation shall be deemed to constitute presence in person at the
                                            meeting.

 

		107.	The
                                            quorum necessary for the transaction of the business of the Directors may be fixed by the
                                            Directors, and unless so fixed, if there be two or more Directors the quorum shall be two,
                                            and if there be one Director the quorum shall be one. A Director represented by an alternate
                                            Director at any meeting shall be deemed to be present for the purposes of determining whether
                                            or not a quorum is present.

 

		108.	A
                                            Director who is in any way, whether directly or indirectly, interested in a contract or proposed
                                            contract with the Company shall declare the nature of his or her interest at a meeting of
                                            the Directors. A general notice given to the Directors by any Director to the effect that
                                            he or she is to be regarded as interested in any contract or other arrangement which may
                                            thereafter be made with that company or firm shall be deemed a sufficient declaration of
                                            interest in regard to any contract so made. A Director may vote in respect of any contract
                                            or proposed contract or arrangement notwithstanding that he or she may be interested therein
                                            and if he or she does so his or her vote shall be counted and he or she may be counted in
                                            the quorum at any meeting of the Directors at which any such contract or proposed contract
                                            or arrangement shall come before the meeting for consideration.

 

		109.	A
                                            Director may hold any other office or place of profit under the Company (other than the office
                                            of auditor) in conjunction with his or her office of Director for such period and on such
                                            terms (as to remuneration and otherwise) as the Directors may determine and no Director or
                                            intending Director shall be disqualified by his or her office from contracting with the Company
                                            either with regard to his or her tenure of any such other office or place of profit or as
                                            vendor, purchaser or otherwise, nor shall any such contract or arrangement entered into by
                                            or on behalf of the Company in which any Director is in any way interested, be liable to
                                            be avoided, nor shall any Director so contracting or being so interested be liable to account
                                            to the Company for any profit realised by any such contract or arrangement by reason of such
                                            Director holding that office or of the fiduciary relation thereby established. A Director,
                                            notwithstanding his or her interest, may be counted in the quorum present at any meeting
                                            of the Directors whereat he or she or any other Director is appointed to hold any such office
                                            or place of profit under the Company or whereat the terms of any such appointment are arranged
                                            and he or she may vote on any such appointment or arrangement.

 

		110.	Any
                                            Director may act by himself or herself or his or her firm in a professional capacity for
                                            the Company, and he or she or his or her firm shall be entitled to remuneration for professional
                                            services as if he or she were not a Director; provided that nothing herein contained shall
                                            authorise a Director or his or her firm to act as auditor to the Company.

 

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		111.	The
                                            Directors shall cause minutes to be made in books or loose-leaf folders provided for the
                                            purpose of recording:

 

		(a)	all
                                            appointments of Officers made by the Directors;

 

		(b)	the
                                            names of the Directors present at each meeting of the Directors and of any committee of the
                                            Directors; and

 

		(c)	all
                                            resolutions and proceedings at all meetings of the Company, and of the Directors and of committees
                                            of Directors.

 

		112.	When
                                            the chairperson of a meeting of the Directors signs the minutes of such meeting the same
                                            shall be deemed to have been duly held notwithstanding that all the Directors have not actually
                                            come together or that there may have been a technical defect in the proceedings.

 

		113.	A
                                            resolution in writing signed by all the Directors or all the members of a committee of Directors
                                            entitled to receive notice of a meeting of Directors or committee of Directors, as the case
                                            may be (an alternate Director, subject as provided otherwise in the terms of appointment
                                            of the alternate Director, being entitled to sign such a resolution on behalf of his or her
                                            appointer), shall be as valid and effectual as if it had been passed at a duly called and
                                            constituted meeting of Directors or committee of Directors, as the case may be. When signed
                                            a resolution may consist of several documents each signed by one or more of the Directors
                                            or his or her duly appointed alternate.

 

		114.	The
                                            continuing Directors may act notwithstanding any vacancy in their body but if and for so
                                            long as their number is reduced below the number fixed by or pursuant to these Articles as
                                            the necessary quorum of Directors, the continuing Directors may act for the purpose of increasing
                                            the number, or of summoning a general meeting of the Company, but for no other purpose.

 

		115.	The
                                            Directors may elect a chairperson of their meetings and determine the period for which he
                                            or she is to hold office but if no such chairperson is elected, or if at any meeting the
                                            chairperson is not present within fifteen minutes after the time appointed for holding the
                                            meeting, the Directors present may choose one of their number to be chairperson of the meeting.

 

		116.	Subject
                                            to any regulations imposed on it by the Directors, a committee appointed by the Directors
                                            may elect a chairperson of its meetings. If no such chairperson is elected, or if at any
                                            meeting the chairperson is not present within fifteen minutes after the time appointed for
                                            holding the meeting, the committee members present may choose one of their number to be chairperson
                                            of the meeting.

 

		117.	A
                                            committee appointed by the Directors may meet and adjourn as it thinks proper. Subject to
                                            any regulations imposed on it by the Directors, questions arising at any meeting shall be
                                            determined by a majority of votes of the committee members present and in case of an equality
                                            of votes the chairperson shall have a second or casting vote.

 

		118.	All
                                            acts done by any meeting of the Directors or of a committee of Directors, or by any Person
                                            acting as a Director, shall notwithstanding that it be afterwards discovered that there was
                                            some defect in the appointment of any such Director or Person acting as aforesaid, or that
                                            they or any of them were disqualified, be as valid as if every such Person had been duly
                                            appointed and was qualified to be a Director.

 

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AUTHENTICATION
OF DOCUMENTS

 

Any
Director or the Secretary or any person appointed by the Board for the purpose may authenticate any documents affecting the constitution
of the Company and any resolution passed by the Company or the Board or any committee, and any books, records, documents and accounts
relating to the business of the Company, and to certify copies thereof or extracts therefrom as true copies or extracts, and if any books,
records, documents or accounts are elsewhere than at the Office or the head office the local manager or other officer of the Company
having the custody thereof shall be deemed to be a person so appointed by the Board. A document purporting to be a copy of a resolution,
or an extract from the minutes of a meeting, of the Company or of the Board or any committee which is so certified shall be conclusive
evidence in favour of all persons dealing with the Company upon the faith thereof that such resolution has been duly passed or, as the
case may be, that such minutes or extract is a true and accurate record of proceedings at a duly constituted meeting.

 

DESTRUCTION
OF DOCUMENTS

 

The
Company shall be entitled to destroy the following documents at the following times:

 

		q.	any
                                            share certificate which has been cancelled at any time after the expiry of one (1) year from
                                            the date of such cancellation;

 

		r.	any
                                            dividend mandate or any variation or cancellation thereof or any notification of change of
                                            name or address at any time after the expiry of two (2) years from the date such mandate
                                            variation cancellation or notification was recorded by the Company;

 

		s.	any
                                            instrument of transfer of shares which has been registered at any time after the expiry of
                                            seven (7) years from the date of registration;

 

		t.	any
                                            allotment letters after the expiry of seven (7) years from the date of issue thereof; and

 

		u.	copies
                                            of powers of attorney, grants of probate and letters of administration at any time after
                                            the expiry of seven (7) years after the account to which the relevant power of attorney,
                                            grant of probate or letters of administration related has been closed;

 

		v.	and
                                            it shall conclusively be presumed in favour of the Company that every entry in the Register
                                            purporting to be made on the basis of any such documents so destroyed was duly and properly
                                            made and every share certificate so destroyed was a valid certificate duly and properly cancelled
                                            and that every instrument of transfer so destroyed was a valid and effective instrument duly
                                            and properly registered and that every other document destroyed hereunder was a valid and
                                            effective document in accordance with the recorded particulars thereof in the books or records
                                            of the Company. Provided always that:

 

		i.	the
                                            foregoing provisions of this Article shall apply only to the destruction of a document in
                                            good faith and without express notice to the Company that the preservation of such document
                                            was relevant to a claim;

 

		ii.	nothing
                                            contained in this Article shall be construed as imposing upon the Company any liability in
                                            respect of the destruction of any such document earlier than as aforesaid or in any case
                                            where the conditions of proviso (i) above are not fulfilled; and

 

		iii.	references
                                            in this Article to the destruction of any document include references to its disposal in
                                            any manner.

 

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Notwithstanding
any provision contained in these Articles, the Directors may, if permitted by Applicable Law, authorise the destruction of documents
set out in sub-paragraphs (a) to (e) of Article 123 and any other documents in relation to share registration which have been microfilmed
or electronically stored by the Company or by the share registrar on its behalf provided always that this Article shall apply only to
the destruction of a document in good faith and without express notice to the Company and its share registrar that the preservation of
such document was relevant to a claim.

 

Dividends

 

		119.	Subject
                                            to any rights and restrictions for the time being attached to any Shares, or as otherwise
                                            provided for in the Companies Act and these Articles, the Directors may from time to time
                                            declare dividends (including interim dividends) and other distributions on Shares in issue
                                            and authorise payment of the same out of the funds of the Company lawfully available therefor.

 

		120.	Subject
                                            to any rights and restrictions for the time being attached to any Shares, the Company by
                                            Ordinary Resolution may declare dividends, but no dividend shall exceed the amount recommended
                                            by the Directors.

 

		121.	The
                                            Directors may determine, before recommending or declaring any dividend, to set aside out
                                            of the funds legally available for distribution such sums as they think proper as a reserve
                                            or reserves which shall be applicable for meeting contingencies, or for equalising dividends
                                            or for any other purpose to which those funds may be properly applied and pending such application
                                            may, at the determination of the Directors, either be employed in the business of the Company
                                            or be invested in such investments as the Directors may from time to time think fit.

 

		122.	Any
                                            dividend may be paid in any manner as the Directors may determine. If paid by check it will
                                            be sent through the post to the registered address of the Shareholder or Person entitled
                                            thereto, or in the case of joint holders, to any one of such joint holders at his or her
                                            registered address or to such Person and such address as the Shareholder or Person entitled,
                                            or such joint holders as the case may be, may direct. Every such check shall be made payable
                                            to the order of the Person to whom it is sent or to the order of such other Person as the
                                            Shareholder or Person entitled, or such joint holders as the case may be, may direct.

 

		123.	The
                                            Directors when paying dividends to the Shareholders in accordance with the foregoing provisions
                                            of these Articles may make such payment either in cash or in specie and may determine the
                                            extent to which amounts may be withheld therefrom (including, without limitation, any taxes,
                                            fees, expenses or other liabilities for which a Shareholder (or the Company, as a result
                                            of any action or inaction of the Shareholder) is liable).

 

		124.	Subject
                                            to any rights and restrictions for the time being attached to any Shares, all dividends shall
                                            be declared and paid according to the amounts paid up on the Shares, but if and for so long
                                            as nothing is paid up on any of the Shares dividends may be declared and paid according to
                                            the par value of the Shares.

 

		125.	If
                                            several Persons are registered as joint holders of any Share, any of them may give effectual
                                            receipts for any dividend or other moneys payable on or in respect of the Share.

 

		126.	No
                                            dividend shall bear interest against the Company.

 

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Accounts,
Audit and annual return and declaration

 

		127.	The
                                            books of account relating to the Company’s affairs shall be kept in such manner as
                                            may be determined from time to time by the Directors.

 

		128.	The
                                            books of account shall be kept at the Office, or at such other place or places as the Directors
                                            think fit, and shall always be open to the inspection of the Directors.

 

		129.	The
                                            Directors may from time to time determine whether and to what extent and at what times and
                                            places and under what conditions or regulations the accounts and books of the Company or
                                            any of them shall be open to the inspection of Shareholders not being Directors, and no Shareholder
                                            (not being a Director) shall have any right of inspecting any account or book or document
                                            of the Company except as conferred by law or authorised by the Directors or by Ordinary Resolution.

 

		130.	The
                                            accounts relating to the Company’s affairs shall only be audited if the Directors so
                                            determine, in which case the financial year end and the accounting principles will be determined
                                            by the Directors. The financial year of the Company shall end on 31 December of each year
                                            or such other date as the Directors may determine.

 

		131.	Without
                                            prejudice to the freedom of the Directors to establish any other committee, if the Shares
                                            are listed or quoted on the Designated Stock Exchange, and if required by the Designated
                                            Stock Exchange, the Directors shall establish and maintain an audit committee (the “Audit
                                            Committee”) as a committee of the board of Directors and shall adopt a formal written
                                            Audit Committee charter and review and assess the adequacy of the formal written charter
                                            on an annual basis. The composition and responsibilities of the Audit Committee shall comply
                                            with the rules and regulations of the SEC and the Designated Stock Exchange.

 

		132.	The
                                            Directors in each year shall prepare, or cause to be prepared, an annual return and declaration
                                            setting forth the particulars required by the Companies Act and deliver a copy thereof to
                                            the Registrar of Companies in the Cayman Islands.

 

Capitalisation
Of reserves

 

		133.	Subject
                                            to the Companies Act and these Articles, the Directors may:

 

		(a)	resolve
                                            to capitalise an amount standing to the credit of reserves (including a Share Premium Account,
                                            capital redemption reserve and profit and loss account), whether or not available for distribution;

 

		(b)	appropriate
                                            the sum resolved to be capitalised to the Shareholders in proportion to the nominal amount
                                            of Shares (whether or not fully paid) held by them respectively and apply that sum on their
                                            behalf in or towards:

 

		(i)	paying
                                            up the amounts (if any) for the time being unpaid on Shares held by them respectively, or

 

		(ii)	paying
                                            up in full unissued Shares or debentures of a nominal amount equal to that sum,

 

and
allot the Shares or debentures, credited as fully paid, to the Shareholders (or as they may direct) in those proportions, or partly in
one way and partly in the other, but the Share Premium Account, the capital redemption reserve and profits which are not available for
distribution may, for the purposes of this Article, only be applied in paying up unissued Shares to be allotted to Shareholders credited
as fully paid;

 

    23

     

    

 

		(c)	make
                                            any arrangements they think fit to resolve a difficulty arising in the distribution of a
                                            capitalised reserve and in particular, without limitation, where Shares or debentures become
                                            distributable in fractions the Directors may deal with the fractions as they think fit;

 

		(d)	authorise
                                            a Person to enter (on behalf of all the Shareholders concerned) into an agreement with the
                                            Company providing for either:

 

		(i)	the
                                            allotment to the Shareholders respectively, credited as fully paid, of Shares or debentures
                                            to which they may be entitled on the capitalisation, or

 

		(ii)	the
                                            payment by the Company on behalf of the Shareholders (by the application of their respective
                                            proportions of the reserves resolved to be capitalised) of the amounts or part of the amounts
                                            remaining unpaid on their existing Shares,

 

and
any such agreement made under this authority being effective and binding on all those Shareholders; and

 

		(e)	generally
                                            do all acts and things required to give effect to any of the actions contemplated by this
                                            Article.

 

Share
Premium Account

 

		134.	The
                                            Directors shall in accordance with the Companies Act establish a Share Premium Account and
                                            shall carry to the credit of such account from time to time a sum equal to the amount or
                                            value of the premium paid on the issue of any Share.

 

		135.	There
                                            shall be debited to any Share Premium Account on the redemption or purchase of a Share the
                                            difference between the nominal value of such Share and the redemption or purchase price;
                                            provided that at the determination of the Directors such sum may be paid out of the profits
                                            of the Company or, if permitted by the Companies Act, out of capital.

 

Notices

 

		136.	Any
                                            notice or document may be served by the Company or by the Person entitled to give notice
                                            to any Shareholder either personally, or by posting it airmail or air courier service in
                                            a prepaid letter addressed to such Shareholder at his or her address as appearing in the
                                            Register, or by electronic mail, or by facsimile should the Directors deem it appropriate.
                                            Notice may also be served by electronic communication in accordance with the rules and regulations
                                            of the Designated Stock Exchange, the SEC and/or any other competent regulatory authority
                                            or by placing it on the Company’s website. In the case of joint holders of a Share,
                                            all notices shall be given to that one of the joint holders whose name stands first in the
                                            Register in respect of the joint holding, and notice so given shall be sufficient notice
                                            to all the joint holders.

 

		137.	Any
                                            Shareholder present, either personally or by proxy, at any meeting of the Company shall for
                                            all purposes be deemed to have received due notice of such meeting and, where requisite,
                                            of the purposes for which such meeting was convened.

 

		138.	Any
                                            notice or other document, if served by:

 

		(a)	post,
                                            shall be deemed to have been served five clear days after the time when the letter containing
                                            the same is posted;

 

    24

     

    

 

		(b)	facsimile,
                                            shall be deemed to have been served upon production by the transmitting facsimile machine
                                            of a report confirming transmission of the facsimile in full to the facsimile number of the
                                            recipient;

 

		(c)	recognised
                                            courier service, shall be deemed to have been served 48 hours after the time when the letter
                                            containing the same is delivered to the courier service;

 

		(d)	electronic
                                            mail or other electronic communication (such as transmission to any number, address or internet
                                            website (including the website of the SEC) or other electronic delivery methods as otherwise
                                            decided and approved by the Directors), shall be deemed to have been served immediately upon
                                            the time of the transmission by electronic mail or approved electronic communication, and
                                            it shall not be necessary for the receipt of the e-mail to be acknowledged by the recipient;
                                            or

 

		(e)	placing
                                            it on the Company’s website; service of the notice shall be deemed to have been effected
                                            one hour after the notice or document was placed on the Company’s website.

 

In
proving service by post or courier service it shall be sufficient to prove that the letter containing the notice or documents was properly
addressed and duly posted or delivered to the courier service.

 

		139.	Any
                                            notice or document delivered or sent in accordance with the terms of these Articles shall
                                            notwithstanding that such Shareholder be then dead or bankrupt, and whether or not the Company
                                            has notice of his or her death or bankruptcy, be deemed to have been duly served in respect
                                            of any Share registered in the name of such Shareholder as sole or joint holder, unless his
                                            or her name shall at the time of the service of the notice or document, have been removed
                                            from the Register as the holder of the Share, and such service shall for all purposes be
                                            deemed a sufficient service of such notice or document on all Persons interested (whether
                                            jointly with or as claiming through or under him or her) in the Share.

 

		140.	Notice
                                            of every general meeting of the Company shall be given to:

 

		(a)	all
                                            Shareholders holding Shares with the right to receive notice and who have supplied to the
                                            Company an address for the giving of notices to them; and

 

		(b)	every
                                            Person entitled to a Share in consequence of the death or bankruptcy of a Shareholder, who
                                            but for his or her death or bankruptcy would be entitled to receive notice of the meeting.

 

No
other Person shall be entitled to receive notices of general meetings.

 

Indemnity

 

		141.	To
                                            the fullest extent permitted by law, every Director (including for the purposes of this Article
                                            any alternate Director appointed pursuant to the provisions of these Articles), Secretary,
                                            assistant Secretary, or other Officer (but not including the Company’s auditors) and
                                            the personal representatives of the same (each an “Indemnified Person”)
                                            shall be indemnified and secured harmless out of the assets and funds of the Company against
                                            all actions or proceedings whether threatened, pending or completed (a “Proceeding”),
                                            costs, charges, expenses, losses, damages or liabilities incurred or sustained by such Indemnified
                                            Person, other than by reason of such Indemnified Person’s own actual fraud, wilful
                                            default or wilful neglect as determined by a court of competent jurisdiction:

 

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		w.	in
                                            or about the conduct of the Company’s business or affairs (including as a result of
                                            any mistake of judgment);

 

		x.	arising
                                            as a consequence of such Indemnified Person becoming aware of any business opportunity and
                                            failing to present such business opportunity to the Company or otherwise taking any of the
                                            actions or omitting to take any of the actions permitted by the Articles under the heading
                                            “Business Opportunities”;

 

		y.	in
                                            the execution or discharge of his or her duties, powers, authorities or discretions; or

 

		z.	in
                                            respect of any actions or activities undertaken by an Indemnified Person provided for and
                                            in accordance with the provisions set out above (inclusive) including without prejudice to
                                            the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such
                                            Indemnified Person in defending or otherwise being involved in, (whether successfully or
                                            otherwise) any civil proceedings concerning the Company or its affairs in any court whether
                                            in the Cayman Islands or elsewhere.

 

Each
Member agrees to waive any claim or right of action he or she might have, whether individually or by or in the right of the Company,
against any Director on account of any action taken by such Director, or the failure of such Director to take any action in the performance
of his or her duties with or for the Company; provided that such waiver shall not extend to any matter in respect of any actual fraud,
wilful default or wilful neglect which may attach to such Director.

 

		142.	No
                                            Indemnified Person shall be liable:

 

		(a)	for
                                            the acts, receipts, neglects, defaults or omissions of any other Director or Officer or agent
                                            of the Company; or

 

		(b)	for
                                            any loss on account of defect of title to any property of the Company; or

 

		(c)	on
                                            account of the insufficiency of any security in or upon which any money of the Company shall
                                            be invested; or

 

		(d)	for
                                            any loss incurred through any bank, broker or other similar Person; or

 

		(e)	for
                                            any loss occasioned by any negligence, default, breach of duty, breach of trust, error of
                                            judgement or oversight on such Indemnified Person’s part; or

 

		(f)	for
                                            any liability, obligation or duty to the Company that may arise as a consequence of such
                                            Indemnified Person becoming aware of any business opportunity and failing to present such
                                            business opportunity to the Company or otherwise taking any of the actions or omitting to
                                            take any of the actions permitted by the Articles under the heading “Business Opportunities”;
                                            or

 

		(g)	for
                                            any loss, damage or misfortune whatsoever which may happen in or arise from the execution
                                            or discharge of the duties, powers, authorities, or discretions of such Indemnified Person’s
                                            office or in relation thereto;

 

unless
the same shall happen through such Indemnified Person’s own actual fraud, wilful default or wilful neglect as determined by a court
of competent jurisdiction.

 

		143.	The
                                            Company will pay the expenses (including attorneys’ fees) incurred by an Indemnified
                                            Person in defending any Proceeding in advance of its final disposition; provided, however,
                                            that, to the extent required by applicable law, such payment of expenses in advance of the
                                            final disposition of the Proceeding shall be made only upon receipt of an undertaking by
                                            the Indemnified Person to repay all amounts advanced if it should be ultimately determined
                                            that the Indemnified Person is not entitled to be indemnified under these Articles or otherwise.

 

    26

     

    

 

		144.	The
                                            Directors, on behalf of the Company, may purchase and maintain insurance for the benefit
                                            of any Director or Officer of the Company against any liability which, by virtue of any rule
                                            of law, would otherwise attach to such person in respect of any negligence, default, breach
                                            of duty or breach of trust of which such person may be guilty in relation to the Company.

 

		145.	The
                                            rights to indemnification and advancement of expenses conferred on any Indemnified Person
                                            as set out above will not be exclusive of any other rights that any Indemnified Person may
                                            have or hereafter acquire pursuant to an agreement with the Company or otherwise.

 

Non-Recognition
Of Trusts

 

		146.	Subject
                                            to the proviso hereto, no Person shall be recognised by the Company as holding any Share
                                            upon any trust and the Company shall not, unless required by law, be bound by or be compelled
                                            in any way to recognise (even when having notice thereof) any equitable, contingent, future
                                            or partial interest in any Share or (except only as otherwise provided by these Articles
                                            or as the Companies Act requires) any other right in respect of any Share except an absolute
                                            right to the entirety thereof in each Shareholder registered in the Register; provided that,
                                            notwithstanding the foregoing, the Company shall be entitled to recognise any such interests
                                            as shall be determined by the Directors.

 

BUSINESS
OPPORTUNITIES

 

		147.	In
                                            recognition and anticipation of the facts that:

 

		aa.	directors,
                                            managers, officers, members, partners, managing members, employees and/or agents of one or
                                            more other organizations (each of the foregoing, an “Officer and Director Related
                                            Person”) may serve as Directors and/or Officers of the Company; and

 

		bb.	such
                                            organizations (the “Officer and Director Related Entities”) engage, and
                                            may continue to engage in the same or similar activities or related lines of business as
                                            those in which the Company, directly or indirectly, and/or other business activities that
                                            overlap with or compete with those in which the Company, directly or indirectly, may engage,

 

the
Articles under this heading “Business Opportunities” are set forth to regulate and define the conduct of certain affairs
of the Company as they may involve the Members and the Officer and Director Related Persons, and the powers, rights, duties and liabilities
of the Company and its Officers, Directors and Members in connection therewith.

 

		148.	To
                                            the fullest extent permitted by law the Officer and Director Related Entities and the Officer
                                            and Director Related Persons shall have no duty to refrain from engaging directly or indirectly
                                            in the same or similar business activities or lines of business as the Company, except and
                                            to the extent expressly assumed by contract. To the fullest extent permitted by law, the
                                            Company renounces any interest or expectancy of the Company in, or in being offered an opportunity
                                            to participate in, any potential transaction or matter which:

 

		cc.	may
                                            be a corporate opportunity for any of the Officer and Director Related Entities, on the one
                                            hand, and the Company, on the other; or

 

		dd.	the
                                            presentation of which would breach an existing legal obligation of a Director or Officer
                                            to any other entity.

 

    27

     

    

 

To
the fullest extent permitted by law, the Officer and Director Related Entities and the Officer and Director Related Persons shall have
no duty to communicate or offer any such corporate opportunity to the Company and shall not be liable to the Company or its Members for
breach of any fiduciary duty as a Member, Director and/or Officer of the Company solely by reason of the fact that such party pursues
or acquires such corporate opportunity for itself, himself or herself, directs such corporate opportunity to another Person, or does
not communicate information regarding such corporate opportunity to the Company and further, the Company hereby waives any claim or cause
of action it may have with respect to the foregoing.

 

		149.	Except
                                            as provided elsewhere in these Articles, to the fullest extent permitted by applicable law,
                                            the Company hereby renounces any interest or expectancy of the Company in, or in being offered
                                            an opportunity to participate in, any potential transaction or matter which may be a corporate
                                            opportunity for both the Company and another entity, including any of the Officer and Director
                                            Related Entity, about which a Director and/or Officer of the Company acquires knowledge.

 

		150.	To
                                            the extent a court might hold that the conduct of any activity related to a corporate opportunity
                                            that is renounced in this Article to be a breach of duty to the Company or its Members, the
                                            Company hereby waives, to the fullest extent permitted by law, any and all claims and causes
                                            of action that the Company may have for such activities. To the fullest extent permitted
                                            by law, the provisions of this Article apply equally to activities conducted in the future
                                            and that have been conducted in the past.

 

Winding
Up

 

		151.	If
                                            the Company shall be wound up the liquidator shall apply the assets of the Company in such
                                            manner and order as he or she thinks fit in satisfaction of creditors’ claims.

 

		152.	If
                                            the Company shall be wound up, the liquidator may, with the sanction of an Ordinary Resolution
                                            divide amongst the Shareholders in specie or kind the whole or any part of the assets of
                                            the Company (whether they shall consist of property of the same kind or not) and may, for
                                            such purpose set such value as he or she deems fair upon any property to be divided as aforesaid
                                            and may determine how such division shall be carried out as between the Shareholders or different
                                            Classes. The liquidator may, with the like sanction, vest the whole or any part of such assets
                                            in trustees upon such trusts for the benefit of the Shareholders as the liquidator, with
                                            the like sanction shall think fit, but so that no Shareholder shall be compelled to accept
                                            any assets whereon there is any liability.

 

Amendment
Of Articles Of Association

 

		153.	Subject
                                            to the Companies Act and the rights attaching to the various Classes, the Company may at
                                            any time and from time to time by Special Resolution alter or amend these Articles in whole
                                            or in part.

 

Closing
of register or fixing record date

 

		154.	For
                                            the purpose of determining those Shareholders that are entitled to receive notice of, attend
                                            or vote at any meeting of Shareholders or any adjournment thereof, or those Shareholders
                                            that are entitled to receive payment of any dividend, or in order to make a determination
                                            as to who is a Shareholder for any other purpose, the Directors may, by any means in accordance
                                            with the requirements of any Designated Stock Exchange, provide that the Register shall be
                                            closed for transfers for a stated period which shall not exceed in any case 40 days. If the
                                            Register shall be so closed for the purpose of determining those Shareholders that are entitled
                                            to receive notice of, attend or vote at a meeting of Shareholders the Register shall be so
                                            closed for at least ten days immediately preceding such meeting and the record date for such
                                            determination shall be the date of the closure of the Register.

 

    28

     

    

 

		155.	In
                                            lieu of or apart from closing the Register, the Directors may fix in advance a date as the
                                            record date for any such determination of those Shareholders that are entitled to receive
                                            notice of, attend or vote at a meeting of the Shareholders and for the purpose of determining
                                            those Shareholders that are entitled to receive payment of any dividend the Directors may,
                                            at or within 90 days prior to the date of declaration of such dividend, fix a subsequent
                                            date as the record date for such determination.

 

		156.	If
                                            the Register is not so closed and no record date is fixed for the determination of those
                                            Shareholders entitled to receive notice of, attend or vote at a meeting of Shareholders or
                                            those Shareholders that are entitled to receive payment of a dividend, the date on which
                                            notice of the meeting is posted or the date on which the resolution of the Directors declaring
                                            such dividend is adopted, as the case may be, shall be the record date for such determination
                                            of Shareholders. When a determination of those Shareholders that are entitled to receive
                                            notice of, attend or vote at a meeting of Shareholders has been made as provided in this
                                            Article, such determination shall apply to any adjournment thereof.

 

Registration
By Way Of Continuation

 

		157.	The
                                            Company may by Special Resolution resolve to be registered by way of continuation in a jurisdiction
                                            outside the Cayman Islands or such other jurisdiction in which it is for the time being incorporated,
                                            registered or existing. In furtherance of a resolution adopted pursuant to this Article,
                                            the Directors may cause an application to be made to the Registrar of Companies to deregister
                                            the Company in the Cayman Islands or such other jurisdiction in which it is for the time
                                            being incorporated, registered or existing and may cause all such further steps as they consider
                                            appropriate to be taken to effect the transfer by way of continuation of the Company.

 

INFORMATION

 

		158.	No
                                            Member shall be entitled to require discovery of or any information respecting any detail
                                            of the Company’s trading or any matter which is or may be in the nature of a trade
                                            secret or secret process which may relate to the conduct of the business of the Company and
                                            which in the opinion of the Directors it will be inexpedient in the interests of the members
                                            of the Company to communicate to the Member or to the public.

 

Mergers
and Consolidation

 

		159.	The
                                            Company may merge or consolidate in accordance with the Companies Act.

 

		160.	To
                                            the extent required by the Companies Act, the Company may by Special Resolution resolve to
                                            merge or consolidate the Company.

 

disclosure

 

		161.	The
                                            Directors, or any authorised service providers (including the Officers, the Secretary and
                                            the registered office agent of the Company), shall be entitled to disclose to any regulatory
                                            or judicial authority, or to any stock exchange on which the Shares may from time to time
                                            be listed, any information regarding the affairs of the Company including, without limitation,
                                            information contained in the Register and books of the Company.

 

    29Exhibit 10.3

 

This
is the Form of Company Holder Support Agreement executed by Avanseus Holdings Pte. Ltd., Fat Projects Acquisition Corp. and each of the
following persons: Giuseppe Donagemma; Darryl Mark Rodrigues; Bhargab Mitra; Ng Mei Lan; Apollo Consulting Srl; Rajendra Narayan Panda;
Crystal Technology Services Pte. Ltd; and Chiranjib Bhandary.

 

FORM
OF Company Holders Support AGREEMENT

 

This
COMPANY HOLDERS SUPPORT AGREEMENT, dated as of August 25, 2022, (this “Agreement”), is made and entered
into by and among Avanseus Holdings Pte. Ltd., a Singapore private company limited by shares with company registration number:
201526265R (the “Company”), Fat Projects Acquisition Corp., an exempted company limited by shares incorporated
under the laws of the Cayman Islands with company registration number 377480 (“Acquiror”), and the Person listed on
Schedule A to this Agreement (a “Shareholder”).

 

WHEREAS,
the Company and Acquiror are on or around the date of this Agreement entering into a Business Combination Agreement (as the same may
be amended, restated or supplemented from time to time, the “Business Combination Agreement”), whereby among other
matters, the shareholders of the Company will exchange all of the issued and outstanding share capital of the Company for Acquiror Class
A Ordinary Shares, making the Company a wholly owned subsidiary of Acquiror (the “Share Exchange”), and in connection
with the Share Exchange, the shareholders of the Company will be required to execute and deliver to Acquiror duly executed Share Exchange
Agreements in the form attached as Exhibit A to the Business Combination Agreement;

 

WHEREAS,
the Shareholder is, as of the date of this Agreement, the sole legal owner of the number of Company Shares and Company Warrants set forth
opposite the Shareholder’s name on Schedule A hereto (such Company Shares, together with any Company Shares (a) issued
or otherwise distributed to the Shareholder pursuant to any stock dividend or distribution, (b) resulting from any change in any of the
Company Shares by reason of any share split, recapitalization, combination, exchange of shares or the like, (c) the legal ownership of
which is acquired by the Shareholder, including by exchange or conversion of any other security, or (d) as to which the Shareholder acquires
the right to vote or share in the voting, in each case after the date of this Agreement and during the term of this Agreement being collectively
referred to herein as the “Subject Shares”);

 

WHEREAS,
as a condition to their willingness to enter into the Business Combination Agreement, inclusive of the Share Exchange, the Acquiror and
the Company have requested that certain Shareholders enter into this Agreement;

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements herein contained, and for other good and valuable consideration
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:

 

1.
DEFINITIONS; INTERPRETATION; EFFECTIVE DATE

 

1.1
Definitions; Interpretation. Capitalized terms used but not defined in this Agreement shall have the meaning ascribed to such
terms in the Business Combination Agreement, and this Agreement shall be interpreted, construed and applied in accordance with
the rules of construction set forth in Section 1.2 of the Business Combination Agreement.

 

1.2
Effective Date. This Agreement shall become effective on the date of the Business Combination Agreement, which date shall be notified
to the Shareholder.

 

    1

     

    

 

2.
REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDERS

 

The
Shareholder hereby represents and warrants to Acquiror and the Company as of the date of this Agreement as follows:

 

2.1
Organization. If the Shareholder is not a natural person, the Shareholder has been duly incorporated and is validly existing and
in good standing under the Laws of its jurisdiction of incorporation and has the requisite corporate power and authority to own, lease
or operate all of its properties and assets and to conduct its business as it is now being conducted. The Shareholder is duly licensed
or qualified and in good standing (to the extent such concept is applicable in the Shareholder’s jurisdiction of organization)
as a foreign corporation or company (or other entity, if applicable) in all jurisdictions in which its ownership of property or the character
of its activities is such as to require it to be so licensed or qualified or in good standing (to the extent such concept is applicable
in the Shareholder’s jurisdiction of organization), as applicable, except where the failure to be so licensed or qualified or in
good standing would not reasonably be expected to, individually or in the aggregate, prevent or materially adversely affect the ability
of the Shareholder to consummate the transactions contemplated hereby.

 

2.2
Due Authorization. If the Shareholder is not a natural person, the Shareholder has all requisite corporate power and authority
to (a) execute and deliver this Agreement and the documents contemplated hereby, and (b) consummate the transactions contemplated hereby
and thereby and perform all obligations to be performed by it hereunder and thereunder. If the Shareholder is not a natural person, the
execution and delivery of this Agreement and the documents contemplated hereby and the consummation of the transactions contemplated
hereby and thereby have been duly and validly authorized and approved by the board of directors (or an equivalent body) and/or shareholders
of the Shareholder and no other company proceeding on the part of the Shareholder is necessary to authorize this Agreement and the documents
contemplated hereby. If the Shareholder is a natural person, the Shareholder has full legal capacity, right and authority to (a) execute
and deliver this Agreement and the documents contemplated hereby, and (b) to consummate the transactions contemplated hereby and thereby.
This Agreement has been duly and validly executed and delivered by the Shareholder, and this Agreement constitutes a legal, valid and
binding obligation of the Shareholder, enforceable against the Shareholder in accordance with its terms, subject to applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and similar Laws affecting creditors’ rights generally and subject,
as to enforceability, to general principles of equity. If the Shareholder is a natural person who is married and resides in a community
property jurisdiction, then the Shareholder’s spouse has executed and delivered to the Company and Acquiror a spousal consent,
in the form attached as Schedule B, concurrently with the execution and delivery of this Agreement.

 

2.3
No Conflict. The execution and delivery of this Agreement by the Shareholder and the other documents contemplated hereby by the
Shareholder and the consummation of the transactions contemplated hereby and thereby do not and will not:

 

(a)
violate or conflict with any provision of, or result in the breach of or default under the Governing Documents of the Shareholder (if
the Shareholder is not a natural person);

 

(b)
violate or conflict with any provision of, or result in the breach of, or default under, or require any consent, waiver, exemption or
approval under, any applicable Law or Governmental Order applicable to the Shareholder;

 

(c)
violate or conflict with any provision of, or result in the breach of, result in the loss of any right or benefit, require any consent,
cause acceleration, or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of termination,
amendment, cancellation or acceleration) under any Contract to which the Shareholder is a party or by which the Shareholder may be bound;
or

 

    2

     

    

 

(d)
result in the creation of any Lien upon any of the properties or assets of the Shareholder;

 

except,
in the case of clauses (b) through (d), to the extent that the occurrence of the foregoing would not reasonably be expected to, individually
or in the aggregate, prevent or materially adversely affect the ability of the Shareholder to consummate the transactions contemplated
hereby.

 

2.4
Company Securities. The Shareholder is the sole legal and beneficial owner of the Company Shares and Company Warrants set forth
opposite the Shareholder’s name on Schedule A hereto, and all such Company Shares and, if applicable, Company Warrants are
owned by the Shareholder free and clear of all Liens, other than any forward purchase agreement or similar arrangements in existence
as of the date of this Agreement and the material terms of which have been disclosed to Acquiror or its counsel or Liens pursuant to
the Company’s Governing Documents, this Agreement or any other Transaction Document or applicable securities laws. The Shareholder
does not own legally or beneficially any shares or warrants of the Company other than the Company Shares and, if applicable, Company
Warrants set forth opposite the Shareholder’s name on Schedule A hereto. The Shareholder has the sole right to vote the
Subject Shares, and none of the Subject Shares is subject to any voting trust or other agreement, arrangement or restriction with respect
to the voting of the Subject Shares, except as contemplated by the Governing Documents of the Company, the Shareholders’ Agreement
or this Agreement.

 

2.5
Business Combination Agreement. The Shareholder understands and acknowledges that Acquiror and the Company will be entering into
the Business Combination Agreement in reliance upon the Shareholder’s execution and delivery of this Agreement. The Shareholder
has received a copy of the substantially finalized Business Combination Agreement delivered to the Shareholder on August [∙],
2022, is familiar with the provisions of the Business Combination Agreement, and has consented to (and hereby consents to) the Company’s
entry into the Business Combination Agreement.

 

2.6
Adequate Information. The Shareholder is a sophisticated shareholder and has adequate information concerning the business and
financial condition of Acquiror and the Company to make an informed decision regarding this Agreement and the transactions contemplated
by the Business Combination Agreement and has independently and without reliance upon Acquiror or the Company and based on such information
as the Shareholder has deemed appropriate, made its own analysis and decision to enter into this Agreement. The Shareholder acknowledges
that Acquiror and the Company have not made and do not make any representation or warranty to the Shareholder, whether express or implied,
of any kind or character except as expressly set forth in this Agreement or the other Transaction Documents. The Shareholder acknowledges
that the agreements contained herein with respect to the Subject Shares held by the Shareholder are irrevocable.

 

2.7
Restricted & Control Securities. The Shareholder understands that the Acquiror Shares that it may receive in connection with
the Transactions, including upon exercise, settlement, conversion or exchange of any other securities received in connection with the
Transactions, may be “restricted securities” under applicable U.S. federal and state securities laws and, if the Shareholder
is an affiliate of Acquiror, “control securities” as such term is used under Rule 144 promulgated under the Securities
Act, and that, pursuant to these laws, the Shareholder must hold such Acquiror Shares indefinitely unless (a) they are registered with
the SEC and qualified by state authorities, or (b) an exemption from such registration and qualification requirements is available.

 

2.8
Litigation and Proceedings.

 

(a)
There are no pending Legal Proceedings against the Shareholder; and

 

(b)
There is no outstanding Governmental Order imposed upon the Shareholder or any of the Shareholder’s Subsidiaries (if applicable);
nor are any properties or assets of the Shareholder or any of the Shareholder’s Subsidiaries’ respective businesses (if applicable)
bound or subject to any Governmental Order;

 

except,
in each case, as would not reasonably be expected to, individually or in the aggregate, prevent or materially adversely affect the ability
of the Shareholder to consummate the transactions contemplated hereby.

 

    3

     

    

 

2.9
Brokers Fees. No broker, finder, investment banker or other Person is entitled to any brokerage fee, finders’ fee or other
commission from Acquiror, the Company or any of the Company’s Subsidiaries in connection with the transactions contemplated by
the Business Combination Agreement based upon arrangements made by the Shareholder or any of its Affiliates.

 

3.
SUPPORT FOR BUSINESS COMBINATION

 

The
Shareholder hereby covenants and irrevocably undertakes to the Company and Acquiror during the term of this Agreement as follows:

 

3.1
Agreement to Conversion of Preference Shares into Ordinary Shares. To the extent that the Shareholder holds any preference shares
issued in the share capital of the Company, to irrevocably agree to the conversion of each and every preference share issued in the share
capital of the Company held by the Shareholder into one ordinary share issued in the share capital of the Company on a date to be notified
to the Shareholder by the Company (which shall be a date on or prior to the Closing Date).

 

3.2
Agreement to Vote in Favor of Transactions. At any meeting of the shareholders of the Company called, held or convened to seek
the approval of the shareholders of the Company, or at any adjournment or postponement thereof, or in connection with any written consent
of the shareholders of the Company or in any other circumstances upon which a vote, consent, waiver or other approval with respect to
the Business Combination Agreement, the Share Exchange, or any other Transaction Document is sought or required (a “Company
Shareholder Approval”), the Shareholder shall:

 

(a)
if a meeting is held, appear at such meeting (in person or, where proxies are permitted, by proxy) or otherwise cause its Subject Shares
to be counted as present at such meeting for purposes of establishing a quorum;

 

(b)
vote or cause to be voted (including by class vote and/or written consent or resolution, if applicable) the Subject Shares in favor of
granting the Company Shareholder Approval or, if there are insufficient votes in favor of granting the Company Shareholder Approval,
in favor of the adjournment or postponement of such meeting of the shareholders of the Company to a later date; and

 

(c)
in other circumstances in which a vote, consent, election or approval is required or sought under the Governing Documents or any Contract
of the Company or otherwise, in respect of any Transaction, so vote (in person or by proxy), consent, elect or approve including with
respect to any conversion of its Subject Shares.

 

3.3
Agreement to Vote Against Other Matters. At any meeting of shareholders of the Company or at any adjournment or postponement thereof,
or in connection with any written consent of the shareholders of the Company or in any other circumstances upon which the Shareholder’s
vote, consent or other approval is sought, the Shareholder shall vote (or cause to be voted) the Subject Shares (including by withholding
class vote and/or written consent, if applicable) against:

 

(a)
any business combination agreement, merger agreement or amalgamation, merger, scheme of arrangement, business combination, consolidation,
combination, sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by the Company
or any public offering of Equity Securities of the Company (in each case, other than in connection with the Business Combination Agreement,
the Share Exchange and related Transactions;

 

(b)
any Alternative Proposal; and

 

    4

     

    

 

(c)
any amendment of the Company’s Governing Documents or Contracts, or other proposal or transaction involving the Company, which
amendment or other proposal or transaction would be reasonably likely to, in any such case materially impede, interfere with, delay or
attempt to discourage, frustrate the purposes of, result in a breach by the Company or Acquiror of, prevent or nullify any provision
of the Business Combination Agreement or any other Transaction Document, the Share Exchange or change in any manner the voting rights
of any class of the Company’s share capital.

 

3.4
Revoke Other Proxies. The Shareholder represents and warrants that any proxies heretofore given in respect of the Subject Shares
that may still be in effect are not irrevocable, and such proxies have been or are hereby revoked.

 

3.5
Irrevocable Power of Attorney. The Shareholder hereby irrevocably and unconditionally grants to, and appoints, in the event that
the Shareholder shall for whatever reason fail to perform any of its obligations under Section 3.2 or Section 3.3,
the Company and any individual designated in writing by the Company, and each of them individually, as the Shareholder’s lawful
attorney and proxy (with full power of substitution), for and in the name, place and stead of the Shareholder, to vote the Subject Shares,
or grant a written consent or approval in respect of the Subject Shares in a manner consistent with Section 3.2 or Section 3.3,
as applicable (the “Irrevocable Power of Attorney”), and execute, deliver and take on each the Shareholder’s
behalf and in the name of the Shareholder, all deeds, documents, and steps necessary for obtaining the Company Shareholder Approval as
contemplated in Section 3.2. The Shareholder understands and acknowledges that Acquiror and the Company are entering into
the Business Combination Agreement in reliance upon the Shareholder’s execution and delivery of this Agreement. The Shareholder
hereby affirms that the Irrevocable Power of Attorney is given in connection with the execution of the Business Combination Agreement,
and that such irrevocable power of attorney is given to secure the performance of the duties of the Shareholder under this Agreement.
The Shareholder hereby further affirms that the Irrevocable Power of Attorney is coupled with a proprietary interest and may under no
circumstances be revoked. The Shareholder hereby ratifies and confirms all that the Irrevocable Power of Attorney may lawfully do or
cause to be done by virtue hereof. The Irrevocable Power of Attorney granted hereunder shall only terminate upon the termination of this
Agreement.

 

3.6
Waiver of Dissent Rights. The Shareholder shall not apply to any Governmental Authority claiming that any Company Shareholder
Approval, Business Combination Agreement or any other Transaction is oppressive or unfairly discriminatory to or otherwise prejudicial
to, or undertaken without due regard to the interests of, any member, shareholder or holder of debentures of the Company or any other
Person. The Shareholder shall not commence, join in, facilitate, assist or encourage any claim or action challenging the validity of
this Agreement, or alleging any breach of any Law or duty in connection with the Transactions or alleging that any Company Shareholder
Approval, Share Exchange, Business Combination Agreement or any other Transaction is oppressive or unfairly discriminatory to or otherwise
prejudicial to, or undertaken without due regard to the interests of, any member, shareholder or holder of debentures of the Company
or any other Person.

 

3.7
No Pre-Closing Transfer. Other than pursuant to this Agreement or as expressly contemplated by the Business Combination Agreement,
from the date hereof and until the Closing under the Business Combination Agreement or, if earlier, termination of this Agreement, the
Shareholder shall not:

 

(a)
directly or indirectly, (i) sell, transfer, tender, grant, pledge, assign or otherwise dispose of (including by gift, tender or exchange
offer, merger or operation of law), encumber, hedge, swap, convert or utilize a derivative to transfer the economic interest in (collectively,
“Transfer”), or (ii) enter into any Contract, option or other binding arrangement (including any profit sharing arrangement)
with respect to the Transfer of, any Subject Shares to any person;

 

    5

     

    

 

(b)
grant any proxies or enter into any voting arrangement, whether by proxy, voting agreement, voting trust, voting deed or otherwise (including
pursuant to any loan of Subject Shares) with respect to any Subject Shares, or enter into any other Contract with respect to any Subject
Shares that would prohibit or prevent the satisfaction of its obligations pursuant to this Agreement;

 

(c)
take any action that would make any representation or warranty of the Shareholder herein untrue or incorrect, or have the effect of preventing
or disabling the Shareholder or the Company from performing its obligations hereunder;

 

(d)
commit or agree to take any of the foregoing actions or take any other action or enter into any Contract that would reasonably be expected
to make any of its representations or warranties contained herein untrue or incorrect or would have the effect of preventing or delaying
the Shareholder from performing any of its obligations hereunder; or

 

(e)
publicly announce any intention to effect any such transaction specified in this sentence.

 

Any
action attempted to be taken in violation of the preceding sentence will be null and void. The Shareholder agrees with, and covenants
to, Acquiror and the Company (or any of its directors, secretaries or authorized representatives) that the Shareholder shall not request
that the Company register the Transfer (by book-entry, by lodging a notice of transfer with the Accounting and Corporate Regulatory Authority
of Singapore or otherwise) of any certificated or uncertificated interest representing any of the Subject Shares.

 

3.8
No Solicitation by Shareholders. From the date hereof until the Closing Date or, if earlier, the termination of the Business Combination
Agreement in accordance with Article XII thereof, the Shareholder shall not, and shall cause its Subsidiaries and direct its Representatives
not to, directly or indirectly

 

(a)
solicit, initiate or pursue any inquiry, indication of interest, proposal or offer relating to an Alternative Proposal;

 

(b)
participate in or continue any discussions or negotiations with any third party with respect to, or furnish or make available, any information
concerning the Company or any of its Subsidiaries to any third party relating to an Alternative Proposal or provide to any third-party
access to the businesses, properties, assets or personnel of the Company or any of its Subsidiaries, in each case for the purpose of
encouraging or facilitating an Alternative Proposal;

 

(c)
enter into any binding understanding, binding arrangement, acquisition agreement, merger agreement or similar definitive agreement, or
any letter of intent, memorandum of understanding or agreement in principle, or any other agreement with respect to an Alternative Proposal;
or

 

(d)
grant any waiver, amendment or release under any confidentiality agreement or otherwise knowingly facilitate any such inquiries, proposals,
discussions, or negotiations or any effort or attempt by any Person to make, an Alternative Proposal.

 

From
and after the date hereof, the Shareholder shall, and shall instruct its officers and directors to, and the Shareholder shall instruct
and cause its Representatives, Subsidiaries and their respective Representatives to, immediately cease and terminate all discussions
and negotiations with any Persons (other than Acquiror and its Representatives) with respect to an Alternative Proposal.

 

    6

     

    

 

4.
POST-CLOSING LOCK-UP ARRANGEMENT

 

4.1
Certain Definitions. As used in this Article 4, notwithstanding the other provisions of this Agreement, the following terms
shall have the following meanings:

 

(a)
“Affiliate” shall have the meaning set forth in Rule 405 under the Securities Act;

 

(b)
“Applicable Period” shall be the period commencing on the Closing Date and ending on the earlier of:

 

(i)
the date falling 180 days after the Closing Date; or

 

(ii)
the date on which Acquiror completes any amalgamation, merger, scheme of arrangement, business combination, consolidation, combination,
sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up or other similar transaction that
results in all of Acquiror’s shareholders having the right to exchange their Acquiror Shares for cash, securities or other property
following the Closing Date.

 

(c)
“Immediate Family” shall mean, as to a natural person, such individual’s spouse, former spouse, domestic partner,
child (including by adoption), father, mother, brother or sister, and lineal descendant (including by adoption) of any of the foregoing
persons;

 

(d)
“Lock-Up Securities” shall mean (i) any Acquiror Shares, Acquiror Warrants or other equity securities of Acquiror
held by a Shareholder (or which a Shareholder is entitled to receive by virtue of the Transactions) immediately after the Closing, excluding
any securities acquired in open market transactions after the Closing, (ii) any Acquiror Shares received by a Shareholder upon the exercise,
conversion or settlement of options for Acquiror Shares or warrants for Acquiror Shares (including the Acquiror Warrants) or any securities
convertible into or exercisable or exchangeable for Acquiror Shares, in any such case, held by a Shareholder immediately after the Closing
and (iii) any other equity security of Acquiror issued or issuable to a Shareholder with respect to any securities referenced in clauses
(i) or (ii) above by way of a share dividend or share split or in connection with a recapitalization, merger, consolidation, spin-off,
reorganization or similar transaction;

 

(e)
“Lock-Up Transfer” shall mean the (i) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge,
grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase
of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16
of the Exchange Act and the rules and regulations of the Commission promulgated thereunder, with respect to, any Lock-Up Security, (ii)
entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any Lock-Up Security, whether or not any such transaction is to be settled by delivery of such securities, in cash or otherwise, or
(iii) public announcement of any intention to effect any transaction specified in clause (i) or (ii); and

 

4.2
Lock-Up Restriction. Subject to the consummation of the Share Exchange, the Shareholder covenants and agrees that it shall not,
during the Applicable Period, without the prior written consent of the board of directors of Acquiror, effect, undertake, enter into
or publicly announce any Lock-Up Transfer. For the avoidance of doubt, the Shareholder shall retain all of its rights as a shareholder
of Acquiror with respect to the Lock-Up Securities during the Lock-Up Period, including, without limitation, the right to vote any Lock-Up
Securities that are entitled to vote and the right to receive any dividends or distributions in respect of such Lock-Up Securities.

 

    7

     

    

 

4.3
Authorization. The Shareholder hereby:

 

(a)
authorizes Acquiror during the Applicable Period to cause its transfer agent for the Lock-Up Securities to decline to transfer, and to
note stop transfer restrictions on the share register and other records relating to, such Lock-Up Securities for which the Shareholder
is the record holder; and

 

(b)
in the case of Lock-Up Securities for which the Shareholder is the beneficial but not the record holder, agrees during the Applicable
Period to cause the record holder to cause the relevant transfer agent to decline to transfer, and to note stop transfer restrictions
on the share register and other records relating to, such Lock-Up Securities;

 

in
each case, if and to the extent such transfer would constitute a Lock-Up Transfer in breach of this Agreement. Acquiror agrees to instruct
its transfer agent to remove any stop transfer restrictions on the share register and other records related to the Lock-Up Securities
within 3 Business Days of a request by a Shareholder the expiration of the Applicable Period.

 

4.4
Legend. During the Applicable Period, each certificate evidencing any Lock-Up Securities shall be stamped or otherwise imprinted
with a legend in substantially the following form, in addition to any other applicable legends:

 

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A COMPANY HOLDERS SUPPORT AGREEMENT,
DATED AS OF AUGUST 25, 2022, BY AND AMONG AVANSEUS HOLDINGS PTE. LTD. (“COMPANY”), THE HOLDER NAMED THEREIN AND THE
OTHER PARTIES THERETO. A COPY OF SUCH AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.”

 

4.5
Lock-Up Exceptions. Section 4.2 shall not apply to:

 

(a)
Lock-Up Transfers to a partnership, limited liability company or other entity of which the Shareholder is the legal and beneficial owner
of all of the outstanding equity securities or similar interests;

 

(b)
if the Shareholder is a natural person, (i) by bona fide gift to any member of the Shareholder’s Immediate Family, (ii) to a family
trust, established for the exclusive benefit of the Shareholder or any of his Immediate Family for estate planning purposes, (iii) by
virtue of laws of descent and distribution upon death of the Shareholder or (iv) pursuant to a court order or settlement agreement related
to the distribution of assets in connection with the dissolution of marriage or civil union;

 

(c)
Lock-Up Transfers of Acquiror Shares acquired in open market transactions after the Closing; the exercise of share options or warrants
to purchase Acquiror Shares (including Acquiror Warrants) and any related transfer of Acquiror Shares to Acquiror in connection therewith
(A) deemed to occur upon the “cashless” or “net” exercise of any the options or warrants or (B) for the purpose
of paying the exercise price of such options or warrants or for paying taxes due as a result of the exercise of such options or warrants,
it being understood that all Acquiror Shares received upon such exercise, settlement, vesting or transfer will remain subject to the
restrictions of this Article 4 during the Applicable Period;

 

(d)
the entry, at any time after the Closing, into any trading plan providing for the sale of Acquiror Shares meeting the requirements of
Rule 10b5-1(c) under the Exchange Act, provided that such plan does not provide for, or permit, the sale of any Acquiror
Shares during the Applicable Period and no public announcement or filing is voluntarily made or required regarding such plan during the
Applicable Period;

 

    8

     

    

 

(e)
Lock-Up Transfers in the event of completion of a bona fide amalgamation, merger, scheme of arrangement, business combination, consolidation,
combination sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up or other similar transaction
which results in all of Acquiror’s security holders having the right to exchange their Acquiror Shares or Acquiror Warrants for
cash, securities or other property;

 

(f)
in the case of an entity, a Lock-Up Transfer (i) to another entity that is an affiliate of the Shareholder, or to any investment fund
or other entity controlling, controlled by, managing or managed by or under common control with the Shareholder or affiliates of the
Shareholder or who shares a common investment advisor with the Shareholder or (ii) as part of a distribution to members, partners or
shareholders of the Shareholder;

 

(g)
in the case of an entity, Lock-Up Transfers by virtue of the laws of the jurisdiction of the entity’s organization and the entity’s
organizational documents upon dissolution of the entity;

 

(h)
Lock-Up Transfers to a director or advisor of the Shareholder or its affiliates as part of such director’s or advisor’s remuneration
for services provided to the Shareholder, pursuant to remuneration arrangements in existence and disclosed to the Company prior to the
date of this Agreement; and

 

(i)
Lock-Up Transfers made in connection with any forward purchase agreement or similar arrangements in existence prior to the date of this
Agreement and the material terms of which have been disclosed to Acquiror or its counsel;

 

(j)
Sales of Lock-Up Securities made solely to cover tax liabilities of the Shareholder arising solely from the execution of the Business
Combination Agreement or the effectuation of the Share Exchange, which sales are subject to the prior written approval of Acquiror, which
approval shall not be unreasonably withheld;

 

provided,
however, that in the case of clauses (a), (b), and (f) to (i), these permitted transferees shall enter into a written agreement,
in substantially the same form of this Article 4, agreeing to be bound by these Lock-Up Transfer restrictions prior to such Lock-Up
Transfer.

 

4.6
Waiver of Other Shareholders. Except as otherwise provided herein, neither the Company nor Acquiror shall amend or waive, terminate,
modify or abrogate (“Change”) the lock-up restriction agreed with the Shareholder hereunder, in each case, unless
the Company and/or Acquiror extends such Change to all shareholders of the Company party to a similar company holders support agreement
with the Acquiror and the Company, under the same terms and conditions (including, for the avoidance of doubt, the timing of any release
from such lock-up restriction) and on a pro rata basis. The Company and/or Acquiror shall provide at least 10 Business Days advance written
notice to all shareholders of the Company party to a similar company holders support agreement with the Acquiror and the Company of any
such Change.

 

4.7
Effect of Article 4. If any Lock-Up Transfer is made or attempted contrary to the provisions of this Article 4, such purported
Lock-Up Transfer shall be null and void ab initio.

 

5.
OTHER AGREEMENTS

 

5.1
For avoidance of doubt, nothing in any Transaction Document shall affect the continuing validity, in accordance with their respective
terms, of any rights that the Shareholder or the Company or its Subsidiaries may have in relation to (i) any employment agreements or
arrangements between a Shareholder and the Company or any Subsidiary thereof, (ii) ordinary course agreements between the Company or
any of its Subsidiaries and a Shareholder as a consumer of the Company’s services on arm’s length terms in ordinary course
of business consistent with past practice, or (iii) any indemnification, advancement of expenses and exculpation rights of any party
set forth in the documents described in the foregoing clauses (i) and (ii).

 

    9

     

    

 

5.2
Disclosure.

 

(a)
The Shareholder shall be bound by and comply with the Confidentiality Agreement, dated 28 April, 2022, by and Among Acquiror and
the Company (the “Confidentiality Agreement”) and Section 13.13 (Publicity) of the Business Combination
Agreement (including any relevant defined terms used in such Confidentiality Agreement and provision) as if the Shareholder was an original
signatory to the Confidentiality Agreement and Business Combination Agreement with respect to such provisions.

 

(b)
The Shareholder hereby authorizes the Company and Acquiror to publish and disclose in any announcement or disclosure required by the
Commission or pursuant to any applicable Law the Shareholder’s identity and ownership of Subject Shares and Lock-Up Securities,
the nature of the Shareholder’s obligations under this Agreement and (if deemed appropriate by the Company and Acquiror) a copy
of this Agreement. The Shareholder will promptly provide any information reasonably requested by the Company and Acquiror for any regulatory
application or filing made or approval sought in connection with the Transactions.

 

5.3
Effectiveness; Termination.

 

(a)
As regards the Company, the Acquiror and the Shareholder, this Agreement shall have effect from the date first written above.

 

(b)
This Agreement shall terminate upon the earliest of (i) the Effective Time (provided, however, that upon such termination, Section 3.6
and Article 4 shall survive in accordance with its terms, and this Article 5 shall survive indefinitely) and (ii) the
termination of the Business Combination Agreement in accordance with its terms, and upon such termination, no party shall have any liability
hereunder other than for its willful and material breach of this Agreement prior to such termination.

 

5.4
Further Assurances. The Shareholder shall, from time to time, (i) execute and deliver, or cause to be executed and delivered,
such additional or further consents, documents and other instruments as Acquiror or the Company may reasonably request for the purpose
of effectively carrying out the transactions contemplated by this Agreement, the Business Combination Agreement and the other Transaction
Documents and (ii) refrain from exercising any veto right, consent right or similar right under the Company’s Governing Documents
which would materially impede, disrupt, prevent or otherwise adversely affect the consummation of the or any other Transaction. If any
Shareholder acquires record or beneficial ownership of any Subject Shares following the date of this Agreement (or becomes aware, following
the date hereof, of its record or beneficial ownership of any Subject Shares as of the date hereof, which shares are not already set
forth on Schedule A), the Shareholder shall promptly notify the Company and Acquiror, and Schedule A shall be updated to
reflect the Shareholder’s ownership of such additional Subject Shares.

 

5.5
Shareholder Parties. The Shareholder signs this Agreement solely in the Shareholder’s capacity as a shareholder of the Company,
and not in any other capacity.

 

5.6
Notice. All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally or
sent by overnight courier (providing proof of delivery) to Acquiror or the Company in accordance with Section 13.3 of the
Business Combination Agreement and to the Shareholder at its address set forth on Schedule A hereto (or at such other address
for a party as shall be specified by like notice).

 

5.7
Miscellaneous. The provisions of Article XIII of the Business Combination Agreement are incorporated herein by reference, mutatis
mutandis, as if set forth in full herein.

 

[Signature
pages follow]

 

    10

     

    

 

SCHEDULE
A:

 

Details
of the Shareholder executing this Agreement

 

	Name
    of Shareholder	Number
    and Class of Company Shares	Number
    of Company Warrants
	[●]	[●]	[●]
	[●]

 

    11

     

    

 

SCHEDULE
B

 

FORM
OF SPOUSAL CONSENT

 

Dated
___________________, 2022

 

The
undersigned represents and warrants that the undersigned is the spouse of:

 

[Name
of Shareholder]

 

and
that the undersigned is familiar with the terms of (a) the Company Holders Support Agreement (the “Agreement”), dated
as of August 25, 2022, by and among Avanseus Holdings Pte. Ltd. (Company Registration Number: 201526265R), a Singapore private company
limited by shares (the “Company”), Fat Projects Acquisition Corp. (Company Registration Number: 374480), an exempted
company limited by shares incorporated under the laws of the Cayman Islands (“Acquiror”), and the other parties signatory
thereto from time to time, and (b) the Business Combination Agreement date as of August [●], 2022, by and among Acquiror and the
Company.

 

The
undersigned hereby agrees that the interest of the undersigned’s spouse in all property which is the subject of the Agreement shall
be irrevocably bound by the terms of the Agreement and by any amendment, modification, waiver or termination signed by the undersigned’s
spouse.

 

The
undersigned further agrees that the undersigned’s community property interest or quasi community property interest in all property
which is the subject of the Agreement shall be irrevocably bound by the terms of the Agreement, and that the Agreement shall be binding
on the executors, administrators, heirs and assigns of the undersigned.

 

The
undersigned further authorizes the undersigned’s spouse to amend, modify or terminate the Agreement, or waive any rights thereunder,
and that each such amendment, modification, waiver or termination signed by the undersigned’s spouse shall be binding on the community
property interest or quasi community property interest of undersigned in all property which is the subject of the Agreement and on the
executors, administrators, heirs and assigns of the undersigned, each as fully as if the undersigned had signed such amendment, modification,
waiver or termination.

 

SIGNED
by:

 

	Signature:
    	 	 
	 	 	 
	Print
    Name: 	 	 

 

    12

     

    

 

IN
WITNESS WHEREOF the parties have hereunto caused this Agreement to be duly executed as of the date first above written.

 

	 	The
    Acquiror:
	 	 
	 	FAT
    PROJECTS ACQUISITION CORP.
	 	 
	 	By:
    	/s/ David Andrada
	 	 	 
	 	Name:	David
    Andrada
	 	 	 
	 	Title:	Co-CEO,
    CFO, and Director
	 	 	 
	 	The
    Company:
	 	 
	 	AVANSEUS
    HOLDINGS PTE. LTD.
	 	 
	 	By:
    	/s/
    Bhargab Mitra
	 	 	 
	 	Name:
    	Bhargab
    Mitra
	 	 	 
	 	Title:	Director
	 	 	 
	 	The
    Shareholder:
	 	 
	 	By:
    	/s/
    Signing Shareholder
	 	 	 
	 	Name:	Signing
    Shareholder
	 	 	 
	 	Title:
    	

 

    13

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