AML GLOBAL LIMITED

STANDARD CONDITIONS

General
'Aircraft' means the aircraft owned / operated by the customer (defined below)

'AML' means AML Global Limited and/or its subsidiary and/or associated companies, and its officers and agents as the case may be.

'Conditions' means the standard terms and conditions set out herein.

'Customer' means the aircraft operator/owner or third party

'Service' means any services and/or goods supplied or to be supplied by AML to Customer at Customer's request (whether or not included in the list overleaf).

'Charges' means AML's administration fees and charges and as amended from time to time (or as may be specifically agreed with the Customer).  All charges are stated exclusive of any Value Added Tax, which may be applicable thereon, or any other duty, tax or levy imposed by any government or public authority.

Services
Any and all Services supplied by AML are subject to these Conditions

No forbearance by AML to a Customer in respect of any of these conditions shall be considered a waiver of any other condition herein

No waiver by AML of any breach by a Customer of any condition shall operate as a waiver in respect of any subsequent breach of the same or any other condition

Unless previously agreed in writing with Customer, time shall not be of the essence to the provision of any service by AML

AML may sub-contract or delegate the provision of any Service

Charges
Customer shall pay the applicable Charges for any Service, in accordance with the due date as detailed on AML's invoices

If any Charge shall not be paid when due, AML shall charge daily interest thereon from the date upon which the Charge first became due until payment thereof (calculated at 5% above the base rate of Barclays Bank Plc)

AML may require a deposit of such amount as it may consider appropriate in its absolute discretion to be lodged by Customer in respect of any Charges prior to AML providing any Service

Payment of Charges shall be by telegraphic (or similar) bank transfer method in accordance with instructions provided to Customer by AML

All Charges are payable by Customer in full and without any right of set off (notwithstanding any counterclaim Customer may allege against AML)

AML may set off any outstanding Charges against any deposit received from Customer

Law and Jurisdiction
Customer and AML agree that this agreement shall be governed by and construed in accordance with the laws the Republic of Mauritius and both parties submit to the non-exclusive jurisdiction of the Courts of the Republic of Mauritius.

Dated 1st December 2006