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General Terms and Conditions of Lemstra Van der Korst N.V.

1. Lemstra Van der Korst N.V. is a limited liability company (‘naamloze vennootschap’), incorporated under the laws of the Netherlands. A list of the persons who, directly or indirectly, are a shareholder in Lemstra Van der Korst N.V. (hereinafter referred to as “Partner”) will be provided on request.

2. The provisions in these General Terms and Conditions also apply for the benefit of all Partners and all other legal or natural persons working for Lemstra Van der Korst N.V. or legal or natural persons who have been working for Lemstra Van der Korst N.V., as well as for the benefit of all persons for whose acts or omissions Lemstra Van der Korst N.V. might be held liable. Lemstra Van der Korst N.V., as well as all other legal or natural per-sons, including the Partners and the Stichting Beheer Derdengelden Lemstra Van der Korst, who carried out any instruction of the client, are entitled to rely on the provisions of these General Terms and Conditions.

3. All instructions are accepted and carried out by Lemstra Van der Korst N.V. only, even if it is the client’s express or implied intention that an instruction be carried out by a specific person. The applicability of Sections 7:404, 407(2) and 409 of the Netherlands Civil Code is excluded.

4. Lemstra Van der Korst N.V. will exercise due care when hiring a third party. Lemstra Van der Korst N.V. cannot be held liable for any damage resulting from a third party’s failure to perform its obligations properly. Any instruction to Lemstra Van der Korst N.V. includes the authorization of Lemstra Van der Korst N.V. to agree to terms and conditions, including any limitation of liability, of any third party, on behalf of the client.

5. Any liability of Lemstra Van der Korst N.V. resulting from or in connection with carrying out an instruction is limited to the amount which is paid out under Lemstra Van der Korst N.V.’s insurance policy or policies in the relevant matter, plus the amount of the deductible which must be borne by Lemstra Van der Korst N.V. pursuant to the applicable insurance policy or policies in the matter concerned.

6. These General Terms and Conditions have been drawn up in both Dutch and English. In the event of a dispute regarding the content or intent of these General Terms and Conditions, the Dutch version shall be binding.

7. The legal relationship between the client and Lemstra Van der Korst N.V. shall be gov-erned by the laws of the Netherlands. Disputes resulting from this relationship shall be exclusively decided upon by the competent court in Amsterdam, the Netherlands.

8. These General Terms and Conditions have been filed with the Chamber of Commerce in Amsterdam, the Netherlands, under number 50955829, and appear on www.lemstravanderkorst.com.

December 2010