Agreement regarding ng — Foundation myctinsto~ The Cimate Protection Partnership ‘Stomonstrasse 12 (ch.8002 Zann SWITZERLAND hencetert cles “Sater Suitener Sa ‘Ghomin ou Pe lon, 28 (Ge+1082 Le nt sur Lausanne ‘SWITZERLAND. honceterh called "Purchaser {oncering te inlention of he two partes to sign an Agreement according tothe terms and conditions ‘described below ‘The mo partes, henceforth caled “Purchaser and “Sle agre onthe following: 4. Definitions and interpretation ‘1. Purchaser_] swicner SA, ‘Chorin Pet len, 28 (GH-1052 Le ont sur Lausanne 12,S2ter | Foundaton myetmete ~The Climate Protection Parinership Sternonstasae 12 (cH-8002 zaren 1.3.Project | switcher wal be contbutng tothe mycimate carbon offset project “ticent stoves and biqueting'in Kotovare, dict of Paxr-Garhwal, Ms. 1.4. Emasions | Emission Reductons (ERS) are one metic tonne units of CO2 equvalont Reductions | (COZE) emission reduction generated bythe myeiate porta, (GR) ‘The project mentioned under 1.3. generates Veriied Emission Reductions (VERS), The Gold Standard vacation i intended ‘The Gold Standard is a quality lade! for CDM and voluntary offset projects, | Fnouae eneoy" snd. mooyceey. grocers Sercaprn Stake eo tb 2.Content 24. Content | Swicher ates a emissions ram the climate neutal product ine (12 ‘oduts) on an annual bass by investing i the mycimete ean oeet Project mentioned under 1.3. Emissions are calculated by ecolesys on velies by mye L__] shy ema oat |‘Aareement between Suter (Purchase) and mycimate (Seer) In acon, Swtcher also offsets ai emissions tram the arnval product catalogue. Emissons are calculated by ecantosys and verified by my climate (4109 por catalogue. Total 200000 catalogues) 22, Generation ofERE seared Las 3. Validation Costs and Registration Fees I Ee ‘The whole amunt of ERs wil be generates and retrod latest wo calendar years aftr myclimat has inclced Suicher Incase the chosen projec fas to deliver th requested amount of ERs, smyeimate shall replace them wit ERs ofr sare qual. 3.1. vatdaton/ | Costs of valdstion verification ofthe ER wil be covered by mycimat, sericaton Coat 32 (Coss of rgistaton of the projects in the myelmete carbon reisty wil be Regstraton | covered by mycimate Feo 4. Price and Payment 44.Prce ER | The prio pertonne of ERis CHF 35. (omission redicion) | The minimum volume i 1000 tonnes. “42. Payment | Payment willbe done in 4 tas. Inthe last payment and incase mare carbon Deiat outa products than forecast ae aol, the eierence wil be add to tho set cors of the olowing yea, 5. Additional Contractual Obligations. (Communcation 1. Aastanal | + Vaid, eistaton an montorg of he poacs Shigaone + Verteaton othe ERsby an independent party + Secutng omerhip of the ERS and, if necessary, corcision of ‘eapoctve contacts wheter projet pre Region of he ERs into mela carton regsty 32 ‘Al eda! cormuniaton scliies by one paty end relied 1 is ‘Agreement need tobe approved by the other party Excoptto the extent requted by aw, te partes to this ransacton wil keep confidential the existance anda deta fal prelnary Gsossions and rogotatons as wo as ofthe eventual tensacton tse (en) unless publeation of such deta for marketing purposes are mutual agreed‘Agreement betweon Switcher (Purchaser) and mycimate (Sle) Diese Resolsion | This Arooment shah governed by and interpreted in aecordance withthe fd Aviaten | laws of Swizetland Pubiety ‘Any mata pubiczing this Agreement must be joy agreed upon by ‘myeimete ana Swacne. Narketng ‘Sufener shal Nave he right to make publ bask lformstion about he ‘ortusy ject fr marketing purposes alnays mentoning myelmate as provider of the ERS Duration ‘rahout ermination by ny party, this Agreements vd without restrain. ‘Agraomontie vad fom 1" January 2008. Temnaton | The Agrorentcan be trmnstod at any me by both partes at te nd of ch year wih @ nates prod of hee months ignatures Seller Nome: Rané Esermans Z ae Q Be ee eae ‘oe Vent ue fa ‘Name: Antonio Rubino fae oe Tile: CEO y te X sicher | Oa 211108 AN a vee eunlavetin : Date: 21.11.08