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Software Development Terms & Conditions 1. DEFINITIONS and INTERPRETATION 1.1 Definitions The terms used have the meanings given in the Particulars and are as follows: 1.1.1 Confidential Information means information relating to the Customer his business or his method of business; 1.1.2 the Interest Rate means statutory interest under the late payment legislation, which is Bank of England base rate for the relevant six month reference period plus 8%. 1.1.3 the Business means The Next Level Systems Ltd. 1.1.4 the Customer means the customer identified in the Particulars document issued by the Business at the outset of the project 1.2 Joint and several liability If the Customer comprises more than one person or entity its rights and obligations under this Agreement shall be joint and several. 1.3 Gender and singular/plural Words expressed in one gender shall include the other gender and the singular shall include the plural and vice versa. 1.4 Headings The headings shall not affect the construction or interpretation of the Agreement. 2. SCOPE OF THE AGREEMENT 2.1 Terms govern These terms govern any contract between the Business and the Customer and prevail over any terms put forward by the Customer unless the Business expressly agrees to them in writing. 2.2 Conduct No conduct by the Business is to be deemed to constitute either acceptance of any terms put forward by the Customer or a variation of these terms. 2.3 Variation Any variation to this Agreement must be in writing and signed by the Business and the Customer. 2.4 Employees No employee of the Business who is not also a director has authority to: 2.4.1 make any statement or representation about the Services; 2.4.2 make any statement having binding contractual effect; 2.4.3 vary the terms of this Agreement. 3. THE BUSINESSS OBLIGATIONS and RIGHTS 3.1 Secrecy The Business shall both during this Agreement and after its termination keep confidential and not (except as authorised or required for the purposes of this Agreement) use or disclose or attempt to use or disclose to any person any Confidential Information. 3.2 Delegation The Business may delegate the performance of all or part of the Services to a properly qualified person and may disclose to that person such Confidential Information as is reasonably necessary to enable the person properly to provide the Services delegated. 4. THE CUSTOMERS OBLIGATIONS 4.1 Payment The Customer shall pay the Fees as set out in the Payment Arrangements. 4.2 Expenses Expenses incurred in carrying out the specified work for the Customer will be recharged as follows: car mileage at 45 pence per mile plus Vat and all other expenses at cost plus Vat. 4.3 Provide information The Customer shall provide such information, whether Confidential Information or otherwise, as the Business may reasonably require and request in order to fulfil its obligations under this Agreement. 4.4 Access The Customer shall allow the Business such access to the Customers premises, plant and equipment as the Business reasonably requires and requests in order to fulfil its obligations under this Agreement. 4.5 Late Payment The Business understands and will exercise its statutory right to claim interest and compensation for debt recovery costs under the late payment legislation if it is not paid according to its credit terms as set out in the Payment Arrangements. 5. V.A.T 5.1 Exclusive of V.A.T The Fees and expenses unless otherwise stated are exclusive of VAT and other duties or taxes. 5.2 Additional payment Any VAT or other duties or taxes payable in respect of the Fees and expenses shall be payable in addition. 6. INTEREST Any of the Fees or Expenses which are not paid by the Customer on the due date shall bear interest from day to day at the Interest Rate. 7. INTELLECTUAL PROPERTY 7.1 Curo(TM) Intellectual property rights associated with software development projects involving the use of Curo(TM) are governed by a separate document, the Curo(TM) software license. For the avoidance of doubt, these terms and conditions do not confer,or in any way govern, intellectual property rights to Curo(TM). 7.2 Bespoke software development The ownership of and sole rights in any intellectual property acquired or developed by the Business in the provision of the Services shall vest and remain in the Business until all monies due to it by the Customer have been paid in full, at which point they will pass to the Customer with the exception of specific routines and/or utilities that perform specific functions within any software developed by the Business. In this instance, the Business reserves the right to re-use such routines and/or utilities in other software that it may develop, either for itself or for other customers. 8. LIABILITY 8.1 The Business shall not be liable to the Customer for any loss or damage whatsoever or howsoever caused arising directly or indirectly in connection with this Agreement except to the extent to which it is unlawful to exclude such liability. 8.2 Notwithstanding the generality of clause 8.1 the Business expressly excludes liability for consequential loss, damage, or corruption to any website other software or data, or for loss of profit, business, revenue, goodwill or anticipated savings. 8.3 In the event that any exclusion contained in this Agreement shall be held to be invalid for any reason and the Business becomes liable for loss or damage that it may otherwise have been lawful to limit, such liability shall be limited to the cost of the Services. 8.4 The Business does not exclude liability for death or personal injury to the extent only that the same arises as a result of the negligence of the Business its employees, agents or authorised representatives. 9. INDEMNITY 9.1 The Customer agrees to indemnify and save harmless and defend at its own expense the Business from and against any and all claims of infringement of copyright, patents, trade marks, industrial designs, or other intellectual 9.2 property rights affecting the subject of this Agreement and based upon the Customers contribution to it. 9.2 The Business agrees to indemnify and save harmless and defend at its own expense the Customer from and against any and all claims of infringements of copyright, patents, trade marks, industrial designs or other intellectual property rights affecting the subject of this Agreement and based upon the Businesss contribution to it. 9.3 Each party undertakes to give notice to the other of any claim described in clause 9.1 or 9.2 made against it and the party giving the indemnity in respect of that claim shall have the right to defend the claim and make settlement thereof at its own discretion.

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