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Data processing addendum
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                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

1.         PARTIES
This Agreement (including Schedules A and B as an integral part) is between Fano Labs Limited, a company incorporated with
limited liability in Hong Kong with its registered office at 1507, 15/F, 19W, 19 Science Park West Avenue, N.T., Hong Kong SAR
(“Licensor” or “Fano”) and its “Licensee”, agreeing to this Agreement, expressly or by implication, or by incorporation or
adoption through Quotation, Purchase Order, Order, Statement of Work (SOW) or other similar documents (“Other Documents”,
such other documents issued by Licensor or Licensee shall be referred to as “Licensor’s Documents” and “Licensee’s Documents”
respectively).
2.         FORMATION OF AGREEMENT AND PRECEDENCE OF DOCUMENTS
The Agreement envisions the creation of one or more of Other Documents for the purchase of Fano Products and/or Services. Other
Documents may be agreed to and/or executed concurrently or subsequently with this Agreement and each of which agreed to and/or
executed under this Agreement shall incorporate the terms and conditions of this Agreement and, along with any documents
incorporated by reference into this Agreement and the applicable Other Documents, shall constitute a complete and entire
agreement between the parties relating to the subject matter thereof, and shall supersede all prior representations, proposals, and
communications, whether oral or in writing, related to such matters. In case of conflict, the documents shall govern in the following
order: (a) Licensor’s Documents (b) this Agreement and (c) Licensee’s Documents. Among categories of documents having the
same order of precedence, the term or provision that includes the latest date shall control.
3.         LICENSE
3.1 The Licensor hereby grants to the licensee a revocable, limited, non-transferable, non-exclusive and term-based license to use
the Licensed Program Materials, i.e. the systems, applications and computer programs of the Licensor agreed under Other
Documents (“Licensed Program”) and the operating manuals, user instructions, technical literature and all other related materials
supplied to the Licensee by the Licensor for aiding the use and application of the above (“Program Documentation”), for the
Permitted Purpose only, i.e. operation of the Licensee’s own business in Hong Kong, subject to the terms and conditions contained
in this Agreement, at the agreed Location only, to be specified at Other Documents. The Licensee shall procure that all licensed
users of the Licensed Program Materials are notified of and comply with this Agreement as if such licensed users were the Licensee.
3.2 Non-exclusive. The Licensor retains absolutely all rights and discretion of the Licensed Program Materials including, without
limitation, its Intellectual Property Rights, usage right, and right to grant to others the license to use it on any term, whether or not
such other licensees compete with the Licensee or not.
3.3 Non-transferrable. The Licensee shall not sub-license, loan, rent out, assign, novate, delegate, sell, transfer or otherwise dispose
of the Licensed Program Materials, its right to use the Licensed Program Materials under this Agreement or any part(s) of the
right(s) and obligation(s) licensed to or borne by the Licensee hereunder, nor enter into or permit to subsist any agreement or
arrangement to do any of the foregoing set out in this Clause 3.
3.4 The Licensee shall Use the Licensed Program Materials for processing its own data only and not to provide outsourcing services
or bureau services or business management or administration services to any third party.
3.5 The License shall not be deemed to extend to any programs or materials of the Licensor other than the Licensed Program
Materials unless specifically agreed to in writing by the Licensor.
3.6 The Licensee shall not, and shall not permit any person(s) to, make any copy(ies) of the Licensed Programs and/or of the
Program Documentation, without the prior written consent of the Licensor. Any copies and the media on which they are stored
shall be the property of the Licensor.
3.7 The Licensor shall only provide the Licensee with a soft copy of the Program Documentation only, containing information for
use of all the facilities and functions set out in the specification.
3.8 The Licensee undertakes not to translate, adapt, vary, modify, amend, alter, merge with other data or systems, disassemble,
decompile or reverse engineer any part(s) of the Licensed Program Materials without the Licensor's prior written consent.
4.         TERM
Unless otherwise agreed in any Licensor’s Documents, the License shall
4.1 commence on the Commencement Date specified a Licensor’s Document;
4.2 continue for a period of thirty-six (36) months (the “Term”); and be automatically renewed for a period of twelve (12) months
upon expiration of the Term, unless sooner terminated in accordance with any of the provisions of Clause 13; and
4.3 pay the license fee specified in Licensor’s Document (“License Fee”) for such renewed term, unless either Party gives a written
notice to the other Party at least sixty (60) days prior to the expiration of the Term for non-renewal.
5.         PAYMENT
5.1 The License Fee to be paid by the Licensee and invoicing terms are set out in Licensor’s Document.
5.2 Time is of the essence with respect to payment terms.
5.3 License Fee is exclusive of any applicable goods and services tax, value added tax and other sales tax which shall be payable
by the Licensee at the rate and in the manner prescribed by law.
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

5.4 Any charges payable by the Licensee under this Agreement in addition to the License Fee shall be paid within thirty (30) days
after the receipt by the Licensee of the Licensor’s invoice.
5.5 Any late payment by the Licensee shall be subject to a charge of one and a half percent (1.5%) late interest per month until the
payment(s) due and late interest are fully settled.
5.6 The License Fee in whole or any part of it paid shall be non-refundable.
6.          DELIVERY AND ACCEPTANCE
After receipt of required License Fee or deposit, as applicable as per the Licensor’s Document, the Licensor shall deliver a set of
credentials to access the cloud environment where the Licensed Program Materials are hosted to the Licensee, if the Licensed
Programs are to be hosted on the Licensor’s cloud. Acceptance shall be deemed to occur upon delivery of the credentials.
7.          PROFESSIONAL SERVICES
“Professional Services” are usually described in a Statement of Work, Purchase Order or other applicable Licensor’s Document
(“Applicable Licensor’s Document” for the purpose of this Clause). This Clause 7 and Clause 10.2 (Warranty on Professional
Services) are not applicable if the Parties have entered into a separate agreement for services which govern the same matters.
7.1 When providing Professional Services, the Licensor may use subcontractors and will be responsible for their performance.
7.2 The Licensee shall make available in a timely manner at no charge to the Licensor, all data, facilities, equipment or other
resources reasonably required by the Licensor to perform the Professional Services.
7.3 The Licensee shall pay the Licensor for the Professional Services in accordance with the fees set forth in the Applicable
Licensor’s Document and reimburse all reasonable travel and other expenses incurred by the Licensor for the performance.
7.4 Deliverables, creations and customizations made for the Licensee and in connection with the Professional Services remain the
property of the Licensor.
7.5 All Professional Services rendered will be subject to the Force Majeure provision under Schedule A.
8.          SUPPORT SERVICES
8.1 “New Releases” means any bug fixes, patches, major or minor releases, or any other changes, enhancements, or modifications
to the Licensed Programs by the Licensor;
8.2 The Licensee is entitled to New Releases as part of the Support Services. If the Licensee desires the Licensor to install and
configure any New Releases and that the Licensed Programs are installed on the Licensee’s data center or private cloud, the
Licensor shall charge reasonable fees for such services.
8.3 If the Licensed Programs are installed on the Licensee’s data center or private cloud, the Licensee agrees to provide a suitable
installation and operating environment with any facilities or environmental requirements reasonably prescribed by the Licensor or
applicable third-party suppliers. The Licensee warrants to the Licensor that the Licensee has obtained valid licenses or other legal
rights to use, and to permit the Licensor to use on the Licensee’s behalf, all equipment, software and documentation not provided
by the Licensor that the Licensor is asked to install, maintain, access or use.
8.4 If the Licensor provides any services at a Licensee’s site, the Licensee shall ensure that such location will be safe for occupation
and use by the Licensor’s employees and contractors. The Licensee shall indemnify the Licensor and the Licensor’s employees and
contractors for any damage to person or property incurred by them as a result of any unsafe condition at a Licensee’s site.
9.          PROPRIETARY RIGHTS
“Intellectual Property Rights” means any and all tangible and intangible rights, title and interest in and to: (i) works of authorship,
including but not limited to copyrights, neighboring rights, moral rights, and mask works, and all derivative works
thereof, (ii) trademarks and trade names, (iii) Confidential Information, trade secrets and know-how, (iv) patents, designs,
algorithms and other industrial property, (v) all other intellectual and industrial property rights whether arising by operation of law,
contract, license, or otherwise, and (vi) all registrations, initial applications, renewals, extensions, continuations, divisions or
reissues thereof now or hereafter in force.
9.1 The Licensee acknowledges the Licensor owns or has the right to license the products provided by the Licensor hereunder, and
that all Intellectual Property Rights in the products, and/or derivatives thereto, shall remain vested in the Licensor.
9.2 Except for the limited license and use rights granted hereunder, the Licensee shall not assert any right, title, or interest in or to
the products or services provided by the Licensor hereunder, or any other intellectual properties of the Licensor.
10.         WARRANTIES
10.1 The Licensor warrants to the Licensee that during the validity of the License, the Licensed Programs shall operate in
accordance with the Program Documentation. The Licensee’s exclusive remedy for a breach of the foregoing shall be for the
Licensor to use commercially reasonable efforts to either correct any verifiable material nonconformity or to replace the materially
nonconforming Licensed Programs; provided, however, if the Licensor cannot provide either remedy, the Licensor shall refund the
Licensee the License Fee paid to the Licensor for the same;
10.2 The Licensor warrants to the Licensee that for a period of thirty (30) days after delivery, any agreed Professional Services
shall be performed in a timely and professional manner by qualified personnel. The Licensee’s exclusive remedy for a breach of
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

the foregoing shall be for the Licensor to re-perform the affected Professional Services or waive or refund (as appropriate) the
Professional Service Fee paid to the Licensor for such Professional Services.
10.3 The Licensor shall be completely released from and have no obligations under this Clause unless the Licensor receives the
Licensee’s written notice during the applicable warranty period.
10.4 The limited warranties and exclusive remedies set forth in this Clause are made for the benefit of the Licensee only and are
expressly subject to satisfaction of any payment obligations to the Licensor.
10.5 The Licensor makes no and disclaims and excludes all other warranties, representations, conditions and other terms, written
or oral, or express, implied, statutory, collateral or otherwise, including any implied warranties and terms of merchantability, quality,
title, interoperability, data accuracy, or fitness for a particular purpose with respect to any products, services, support, or any
components thereof.
10.6 Without limiting the foregoing, the Licensor does not warrant that all errors can be corrected, or that operation of any products
or services shall be uninterrupted or error-free.
10.7 For the avoidance of doubt, this Clause shall not apply to any beta, pilot or other trial programs or non-production environments,
each of which are provided ‘as is’ and without warranty of any kind.
10.8 The Licensee warrants to the Licensor that during the continuance of the License the Licensee shall effect and maintain
adequate security measures to safeguard the Licensed Program Materials from and against access or use by any unauthorized person,
theft and discovery of the Licensed Program Materials unless authorized; and retain the Licensed Program Materials and all copies
thereof under the Licensee's effective control.
10.9 The Licensee warrants to the Licensor and accepts that it is the Licensee’s responsibility to ensure the integrity and security
of its own data, including data it generates via the use of the Licensed Program Materials, and the Licensee shall solely be
responsible to maintain backups of its data.
10.10 The Licensee warrants to the Licensor and accepts that it is the Licensee’s responsibility to ensure the normal operation of
any software other than the Licensed Program Materials, as well as the necessary working environment for the Licensed Program
Materials.
11.         LIMITATION OF LIABILITY
11.1 The aggregate and total liability of the Licensor (including its third-party suppliers, business partners and licensors) for any
and all claims arising out of this Agreement will be limited to direct damages and will not exceed the amount actually paid by the
Licensee for the products or services that actually caused the loss, claim or damages.
11.2 In no event shall the Licensor (including its third-party suppliers, business partners and licensors) have any liability for any
incidental, punitive, special, indirect or consequential damages of any character including, without limitation, damages for loss of
business or good will, work stoppage, loss of revenue or profits, lost or corrupted information, loss of data (including but not limited
to loss, alteration, destruction, damage, corruption or recovery of the Licensee data), computer failure or malfunction, abnormal or
failure of operation of software other than the Licensed Program Materials, telecommunications charges from unauthorized access,
cover damages, costs of procurement of substitute goods, technology or services, or other similar damages regardless of the theory
asserted, arising in any way out of or in connection with this Agreement, under any cause of action, whether or not the Licensor
has been advised of the possibility of such damages and even if a remedy is found to have failed of its essential purpose.
11.3 This Clause does not limit liability for bodily injury or breach of confidentiality and will not apply to damages that cannot be
limited or excluded by law. The licensee agrees that this limitation on liability forms a fundamental basis of the bargain hereunder,
in the absence of which, the economic terms of this Agreement would have been different.
11.4 No action arising out of this Agreement may be brought by either Party more than one (1) year after the cause of action to
which it relates first becomes known (or ought to have become known) to the Party bringing such an action.
12.         CONFIDENTIAL INFORMATION
“Confidential Information” means any non-public information, technical data, or know-how, including, without limitation, which
relates to: (i) research, product plans, products, pricing, services, customers, personnel, markets, software, software code, software
documentation, developments, inventions, lists, trade secrets, data compilations, processes, designs, drawings, engineering,
hardware configuration information, marketing or finances, which is designated in writing to be confidential or proprietary at the
time of disclosure if provided in tangible form, or if provided in non-tangible form, shall be identified by the disclosing party at the
time of disclosure as confidential or proprietary, (ii) with respect to the Licensor, information concerning any products and services
provided hereunder and/or materials resulting from services, and any derivatives thereto, and the terms and conditions contained
in any Licensor’s Documents, and (iii) with respect to the Licensee, any customer data. Notwithstanding the foregoing, and except
with respect to customer data, Confidential Information does not include information, technical data or know-how that is: (a) in the
public domain or becomes available to the public and not as a result of the act or omission of the receiving party; (b) without
restriction on disclosure, rightfully obtained by the receiving party from a third party; (c) without restriction on disclosure, lawfully
                          MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                      (“Agreement” or “Fano MSA 2023”)

in the possession of the receiving party at the time of disclosure; or (d) approved for release by written authorization of the disclosing
party.
12.1 Each Party shall not without the prior written consent of the other Party divulge any part of the Confidential Information to
any person except:
12.1.1 to its own employees and then only to those employees who need to know the same;
to either Party's professional advisers, subcontractors and any other persons or bodies having a right duty or obligation to know the
business of the other Party and then only in pursuance of such right duty or obligation; and
12.1.2 to the minimum extent permitted or required by: (i) any order or decision of any court of competent jurisdiction or any
competent judicial, governmental or regulatory body; or (ii) the laws or regulations of any country with jurisdiction over the affairs
of either Party.
12.2 Each Party undertakes to ensure that persons and bodies referred to in Clause 12.1 are made aware prior to the disclosure by
it of any part of the Confidential Information that the same is confidential and that it owes a duty of confidence to the other Party.
12.3 Each Party to this Agreement shall promptly notify the other Party if it becomes aware of any breach of confidence by any
person to whom it divulges all or any part of the Confidential Information and shall give the other Party all reasonable assistance
in connection with any proceedings which the other Party may institute against such person for breach of confidence.
12.4 The foregoing obligations as to confidentiality shall remain in full force and effect notwithstanding any termination of the
License or this Agreement.
13.        TERMINATION
13.1 Either Party may terminate the License and this Agreement forthwith on giving notice in writing to the other Party if:
13.1.1 the other Party commits a serious breach of any term of this Agreement; or
13.1.2 the other Party infringes the Intellectual Property Rights of a Party; or
13.1.3 the other Party is wound up or that winding up petition has been lodged against the other Party or where the other Party
otherwise becomes insolvent.
13.2 The Licensor may terminate the License and this Agreement forthwith on giving notice in writing to the Licensee if:
13.2.1 the Licensee permanently discontinued the use of the Licensed Program Materials.
13.2.2 the Licensee Use the Licensed Program Materials other than for the Permitted Purpose;
13.3 The License and this Agreement also automatically terminate if:
13.3.1 the Term expires and the License is not renewed in accordance with Clause 4.2.
13.4 Forthwith upon the termination of the License, the Licensee shall return to the Licensor the Licensed Program Materials
including all copies of the whole or any part thereof, or handle or deal with the same in such other reasonable way as may be
notified by the Licensor and, if requested by the Licensor, shall destroy the same and certify in writing to the Licensor that they
have been destroyed.
13.5 The Licensee shall indemnify and keep indemnified the Licensor from and against all claims, liabilities, losses, damage, legal
fees, taxes, costs and expenses suffered by the Licensor arising out of, resulting from or in connection with the Licensee’s failure
to fully observe Clause 13.4.
13.6 Notwithstanding Clauses 13.4 and 13.5, upon the License and/or Agreement’s termination for whatever reason, the Licensor
shall be entitled to do all such acts and things that it, in its sole discretion, considers to be necessary to retrieve the Licensed Program
Materials and all copies of the whole or any part thereof.
13.7 Any termination of the License or this Agreement (howsoever occasioned) shall not affect any accrued rights or liabilities of
either Party nor shall it effect the coming into force or the continuance in force of any provision in this Agreement which is expressly
or by implication intended to come into or continue in force on or after such termination.
14.        EQUIPMENT, LICENSEE’S DATA CENTER OR PRIVATE CLOUD
This Clause applies if the use is agreed by the parties to be on or with the computer equipment (“Equipment”), or installed onto
computer system or storage in a building or location, a dedicated space within a building, or a group of the above for the Licensee
(“Licensee’s Data Center”) or computing storage or services offered either over the internet or a private internal network and only
to Licensee (“Licensee’s Private Cloud”), as more particularly specified in Other Documents.
14.1 If the use is agreed to be restricted on and in conjunction with the Equipment, the Licensee’s Data Center or Licensee’s Private
Cloud, the Licensee may with the prior written consent of the Licensor (the Licensor may, in its absolute discretion, withhold such
consent) use it on or with any replacement if the Equipment, the Licensee’s Data Center or Licensee’s Private Cloud is inoperable
for any reason or if the use on or with the Equipment, the Licensee’s Data Center or Licensee’s Private Cloud is permanently
discontinued. Upon such consent being given the replacement shall become the Equipment, the Licensee’s Data Center or
Licensee’s Private Cloud for the purposes of the License. Details of the replacement must be provided to the Licensor for Licensor’s
approval.
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

14.2 Notwithstanding Clause 6, if it is agreed that the Licensor shall install the Licensed Programs on the Equipment at the Location,
the Licensee’s Data Center or Licensee’s Private Cloud and at a time agreed by the Licensor for the Licensee’s use, the Licensee
is solely responsible for the provision, installation and maintenance of the Equipment (including all required hardware), the
Licensee’s Data Center or Licensee’s Private Cloud to enable the Licensor to install and/or maintain and/or give effect to the
Licensed Programs on the Equipment, the Licensee’s Data Center or Licensee’s Private Cloud. All costs and expenses incurred in
relation to the Equipment, the Licensee’s Data Center or Licensee’s Private Cloud is to be solely borne by the Licensee.
14.3 Acceptance shall be deemed to occur upon delivery of the Licensed Program by installation of the Licensed Programs on the
Equipment at the Location, the Licensee’s Data Center or Licensee’s Private Cloud.
15.        MISCELLANEOUS
15.1 This Agreement shall not constitute any partnership, joint venture, agency or fiduciary relationship between the Parties.
15.2 This Agreement may not be amended, modified or canceled except by in writing signed by the authorized representatives of
both Parties.
15.3 Neither Party may assign the rights or obligations under this Agreement without the written consent of the other Party.
15.4 All notices shall be in writing and be delivered by courier, mail or email to the most recent address or email address notified
by the other Party. Notices shall be deemed received when delivered by courier or email and on the fifth day after mail is delivered.
15.5 Any provision of this Agreement that is prohibited by law shall be void and of no effect, and severed, without invalidating the
remainder of the Agreement.
15.6 This Agreement may be accepted by incorporation and/or reference, or executed in any multiple counterparts or by exchange
of e-signed copies and such copies together shall constitute one and the same Agreement.
15.6 Clauses 9, 12 and 13 shall survive the termination of this Agreement and any License.
15.7 A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Ordinance (Cap 623
of the laws of Hong Kong) to enforce any term of this Agreement.
15.8 This Agreement and this arbitration clause shall be governed by and construed in accordance with the laws of Hong Kong.
Any dispute, controversy, difference or claim arising out of or relating to this Agreement, including the existence, validity,
interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or
relating to it shall be referred to and finally resolved by arbitration under the UNCITRAL Arbitration Rules in force when the
notice of arbitration is received by the other party or parties, which rules are deemed to be incorporated by reference in this Clause.
The seat of arbitration shall be Hong Kong. The appointing authority shall be the Law Society of Hong Kong if not agreed by the
Parties. The number of arbitrators shall be one. Arbitration shall be conducted on document only basis without trial. The language
of the arbitration shall be English.

EXECUTION CLAUSE (OPTIONAL, PARTIES MAY INCORPORATE FANO MSA 2023 (INCLUDING SCHEDULES
A AND B) BY REFERENCE WITHOUT EXECUTION)

This FANO MSA 2023 (including Schedules A and B) has been approved and is signed by authorized representatives.

 For and on behalf of Fano Labs Limited (“Licensor”)                For and on behalf of [*] (“Licensee”)

 ________________________________                                   ________________________________
 Authorized Signature & Company Chop                                Authorized Signature & Company Chop
 Name: Dr. Miles Wen                                                Name:
 Title:   Chief Executive Officer                                   Title:
 Date:                                                              Date:

 Details of Licensee
 Company Name                   :
 Place of incorporation         :
 Registered address             :
 Company number                 :
 Name of representative         :
 Contact email                  :
 Contact tel. no.               :
 Other remark (Optional)        :
                          MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                      (“Agreement” or “Fano MSA 2023”)

            SCHEDULE A TO THE MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)

1.         This Schedule A is an integral part of the FANO MSA 2023 adopting all of its terms and definitions.
2.         Below definitions shall further apply to this Schedule A: -
2.1.       “Issue” means any failure of the Licensed Programs to materially conform to the Program Documentation, excluding
any nonconformity resulting from any of the instances referred to in paragraph 5 of this Schedule A;
2.2.       “Normal Business Hours” means from Monday through to Friday and from 09:00 to 18:00 (excluding general and
statutory holidays in Hong Kong and excluding days when typhoon signal No. 8 or above is hoisted or days when black rainstorm
warning is in force) and “Business Hour” means any of them;
2.3.       “Support Level” means the level(s) of Support Services which the Licensor may offer to its Licensees generally upon
different terms and conditions, consisting of “Standard” level and “Premium” level;
3.         SUPPORT LEVEL AND ISSUE RESOLUTION
The Licensee is entitled to the Standard Support Level unless otherwise stated in an Order (or any Licensor’s Documents) in respect
of all Licensed Programs.

 Support Plan                            Standard Support Level                      Premium Support Level
                                                  Critical                                   Critical
                                                   High                                       High
 Issue Severity
                                                  Medium                                     Medium
                                                   Low                                        Low
 Administrative Support                    Email and Telephone                         Email and Telephone

 Availability                                 Business Hours                               7 x 24 x 365

 Place of Support                               Remote only                             Remote and on-site

 Fees                                         the Support Fee                       Subject to additional charge

3.1.      Upon identification of an Issue, the Licensee shall notify the Licensor and use the Licensee’s best endeavours to
provide the Licensor with the following information to allow the Licensor to attempt to locate and reproduce the Issue:
3.1.1.    a clear description of the Issue, including the steps to replicate the Issue;
3.1.2.    a screenshot of the Issue message;
3.1.3.    system log files;
3.1.4.    the environment that the Issue happened in; and
3.1.5.    any other information that may be helpful for location or reproduction of the Issue.
3.2.      After receipt of the Licensee’s notification containing the requisite information relating to an Issue, the Licensor
will investigate the severity of the Issue. The Licensor targets to confirm the severity of the Issue within the initial response
time based on the mutually agreed conclusion formed as a result of the investigation of the severity of the Issue. In rare
circumstances that the Licensee and the Licensor may not be able to agree on the Issue severity, the Licensor will have the
right to make the final judgement based on its expertise and knowledge about the Licensed Programs. Save for manifest error,
the Licensor’s final determination in this regard is conclusive on the severity of an Issue. Severity of an Issue is classified
according to the below table:

 Critical                  High                              Medium                                     Low

 Means a catastrophic      Means a non-catastrophic          Means a non-catastrophic Issue in the      Means an Issue in the
 Issue in the Licensed     Issue in the Licensed             Licensed Programs that: (i) has an         Licensed Programs that:
 Programs, which           Programs that causes              impact on operational but not              (i) has minimal current
 causes a complete         significant degradation of the    considered to significantly impact         impact on the user; and
 (100%) loss of            product functionality (50%+       overall product performance; and (ii)      (ii) causes a malfunction
 product functionality.    loss of product functionality).   causes less than 50% percent               of a non-essential product
                                                             degradation of product performance.        feature.

3.3.       Once an Issue is classified, the Licensor shall thereupon use its reasonable endeavours to resolve the Issue. The
Licensor shall attempt to resolve an Issue and resume the performance of a Program within the target Issue resolution times
set forth in the table below:

 Support Plan: Standard Support Level
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

                     Initial                                                  Target Issue
 Issue Severity                                                                                       Resolution
                     Response         Activity                                Resolution
 Classification                                                                                       Method (3)
                     Time (1)                                                 Time (2)
                                      continuous effort during Business
 Critical                                                                     4 Business Hours        patch/workaround
                                      Hours
                      2 Business      continuous effort during Business
 High                                                                         8 Business Hours        patch/workaround
                        Hours         Hours
 Medium                               effort during Business Hours            16 Business Hours       patch/workaround
 Low                                  as required during Business Hours       32 Business Hours       as needed

 Support Plan: Premium Support Level
                  Initial                                                     Target Issue
 Issue Severity                                                                                       Resolution
                  Response     Activity                                       Resolution
 Classification                                                                                       Method (3)
                  Time (1)                                                    Time (2)
 Critical                      continuous effort                              4 hours                 patch/workaround
 High                          continuous effort                              8 hours                 patch/workaround
                    2 hours
 Medium                        effort during Business Hours                   8 Business Hours        patch/workaround
 Low                           as required during Business Hours              24 Business Hours       as needed

Note to Support Plan (Standard and Premium Support Level):
(1) The initial response time for each Issue level starts counting from the receipt by the Licensor of the Licensee’s
written notification of the Issue containing the requisite information.
(2) The target Issue resolution time for each Issue level starts counting once the Issue severity is classified.
(3) As a patch or workaround method is not a permanent resolution of an Issue, the performance of a Program after
Issue resolution may differ from before the Issue resolution.
3.4.      Both the Licensee and the Licensor acknowledge the potentially idiosyncratic nature of any Issues in the Licensed
Programs and not all Issues will be corrected or resolved.
3.5.      In the event the Licensor resolves an Issue, the Licensor shall thereafter notify the Licensee.
3.6.      The foregoing provisions regarding Issue resolution shall be subject to paragraph 6 of this Schedule A.
4.        ADMINISTRATIVE SUPPORT AND AVAILABILITY
4.1.      The Licensee can use the administrative support channels during the available time under each support plan for
contacting the Licensor for the purpose of reporting any Issues which the Licensee may encounter.
5.        PLACE OF SUPPORT
5.1.      Support Services will be performed remotely using remote desktop, virtual private network or any other remote
way as considered necessary in the circumstances. Onsite assistance, either scheduled or in emergency situation, will be
subject to additional charge as additional services under this Agreement unless expressly included in the support plan the
Licensee paid for.
6.        LICENSOR NOT RESPONSIBLE FOR
6.1.      Notwithstanding any other paragraph of this Schedule A or other provision of this Agreement, the Licensor shall
be under no obligation to provide Support Services in respect of:
6.1.1.    defects or errors or problems resulting from any modifications or customisation or configuration of the Program
Materials or the Equipment / Licensee’s Data Center / Licensee’s Private Cloud not authorised in writing by the Licensor.
For the avoidance of doubt, modifications to the Program Materials shall include but not be limited to changes to the logical
or physical database schema for the Program Materials, changes to the disk layout and configuration, and hand-modified
changes to the data within the database;
6.1.2.    any loss of data (including but not limited to loss, alteration, destruction, damage, corruption or recovery of the Licensee
data);
6.1.3.    any software other than the Program Materials;
6.1.4.    incorrect, improper or unauthorised use of the Program Materials or operator error;
6.1.5.    defects or errors or problems resulting from use of the Licensed Programs Materials other than in accordance with
the Program Documentation;
6.1.6.    any fault in the Equipment / Licensee’s Data Center / Licensee’s Private Cloud;
6.1.7.    any programs used in conjunction with the Program Materials;
6.1.8.    defects or errors or problems in any of the Licensed Programs which result or arise from any fault or error or
malfunction in the Equipment / Licensee’s Data Center / Licensee’s Private Cloud or in any programs used in conjunction
with the Program Materials;
6.1.9.    use of the elements of the Program Materials in any combination other than those specified in the Program
Documentation;
6.1.10. use of the Program Materials with computer hardware, operating systems or other supporting software other than
those specified in the Program Documentation or approved in writing by the Licensor;
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

6.1.11. the Internet network, computer virus or hacking, or any defect or error or problem in any of the Licensed Programs
which result or arise from the Internet network, any computer virus or hacking or other act or omission of third party;
6.1.12. the Licensee’s network, database, telecommunication equipment, computers and applications, and defects or errors
or problems in any of the Licensed Programs resulting from or in connection with the same;
6.1.13. defects or errors or problems which result or arise from any factor external to the Licensed Programs;
6.1.14. any previous version(s)/release(s) of the Licensed Programs for which the Licensor no longer provides Support
Services pursuant to paragraph 6.2 of this Schedule A; and
6.1.15. defects or errors or problems in any of the Licensed Programs which result or arise from any act or omission,
negligence or fault of the Licensee and/or the Licensee’s personnel, employees, servants, independent contractors, agents
and/or representatives.
6.2.        The Parties acknowledge and agree that considering the inherently fast-moving and innovative nature of the
information technology industry, the Licensor cannot reasonably be expected to provide support and maintenance services
in respect of all old version(s)/ release(s) of the Licensed Programs. The Licensee acknowledges and agrees that the Licensor
shall have the sole and absolute discretionary right to discontinue the Support Services for any prior version/ release of the
Licensed Programs which the Licensor, in its sole and absolute discretion, considers it to be too old and no longer cost
effective or practicable to provide support and maintenance services in respect thereof, if a superseding version has been
available to the Licensee. But for the avoidance of doubt, nothing in this Agreement or Schedule A shall oblige the Licensor
to modify or develop the Program Materials.
6.3.        The Licensor shall not be obliged to make modifications or provide support in relation to the Licensee's computer
hardware, operating system software, or third-party application software or any data feeds or external data.
7.          LICENSEE’S UNDERTAKINGS AND OBLIGATIONS
7.1.        The Licensee shall and undertakes to, and shall and undertakes to procure (at the Licensee’s own expense) that its
personnel, employees, servants, independent contractors, agents and representatives do:
7.1.1.      supervise, control, and manage the Licensed Programs, implement backup procedures and maintain a current backup
copy of all programs and data to protect information in the event of Issues or malfunctions of the Licensed Programs or Equipment
/ Licensee’s Data Center / Licensee’s Private Cloud upon which the Licensed Programs are loaded or operating and to protect data
from damage during the performance of the Support Services;
7.1.2.      provide the Licensor with VPN access and remote access to the Licensee's personnel and Equipment / Licensee’s Data
Center / Licensee’s Private Cloud upon which the Licensed Programs are loaded or operating. The Licensor will inform the
Licensee of the specifications of the VPN Equipment / Licensee’s Data Center / Licensee’s Private Cloud needed, and the
Licensee will be responsible for the costs and use of said Equipment at the Licensee's Location / Licensee’s Data Center /
Licensee’s Private Cloud;
7.1.3.      document and promptly report Issues or malfunctions of the Licensed Programs in writing to the Licensor, and specify
in such report a detailed description of such Issues or malfunctions and the circumstances in which they arose, and submit sufficient
material and information to enable the Licensor's support staff to duplicate or recreate the problem on the Licensor’s own computer
or machine;
7.1.4.      take all necessary steps within a reasonable time to carry out procedures provided by the Licensor for the correction of
Issues or malfunctions of the Licensed Programs;
7.1.5.      train its personnel in the use of the Licensed Programs and the Equipment / Licensee’s Data Center / Licensee’s Private
Cloud on which the Licensed Programs are loaded or operating;
7.1.6.      designate one primary and one backup individual as the technical contact personnel who shall serve as the liaison with
the Licensor’s support personnel. The Licensee’s designated technical contact personnel shall be the sole liaison between the
Licensee and the Licensor for the Licensed Program. To avoid interruptions in services, the Licensee must notify the Licensor
whenever the responsibilities of its designated technical contact personnel are transferred to another individual.
7.1.7.      use the Program Materials, maintain data and the database, in accordance with this Schedule A, this Agreement, the
Program Documentation and all instructions as may be given by the Licensor from time to time;
7.1.8.      ensure that only persons approved in writing by the Licensor may Use the Program Materials;
7.1.9.      grant direct and remote access to the Licensee’s premises, Equipment / Licensee’s Data Center / Licensee’s Private
Cloud and/or systems at all times for support services;
7.1.10. make hardware accessible to the Licensor's support staff, and when required enable logons/passwords required for such
support staff;
7.1.11. provide notice of intention to change hardware or operating system or data-feeds;
7.1.12. not request, permit or authorize anyone other than the Licensor to provide any support and/or maintenance services in
respect of the Program Materials;
7.1.13. ensure that sufficient personnel (including but not limited to employees, other independent contractors, agents, etc.),
facilities, necessary working environments, secretarial support and manpower are assigned to assist with or to facilitate the
fulfilment and performance of the Licensor’s obligations under this Agreement, and that the Licensee’s personnel, employees,
servants, independent contractors, agents and representatives have sufficient competence and time available in order to provide
such assistance as the Licensor may require for the Licensor to fulfil its obligations under this Agreement and this Schedule A; and
7.1.14. promptly furnish the Licensor with such input, data, information, documents or thing, and such assistance and
cooperation, as the Licensor may request from to time for the proper performance of the Licensor’s obligations under this
Agreement and this Schedule A.
8.          FORCE MAJEURE
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

8.1.       For the purpose of FANO MSA 2023 and/or this Schedule A, “Force Majeure” means each of the following to the extent
that its impact could not have been mitigated by reasonable steps taken by the affected party: epidemic, pandemic (including the
Covid-19 pandemic), quarantine, breakdown of communication facilities, breakdown of web host, breakdown of internet service
provider, acts of God, fire, floods and natural disasters; acts of terrorism; strikes, lock-outs and labor disputes; civil commotion,
riots and acts of war.
8.2.       For the avoidance of doubt, Force Majeure shall not include (a) financial distress nor the inability of either party to make
payment or perform its obligation under FANO MSA 2023 and/or this Schedule A, make profit or avoid financial loss or (b)
changes in market prices or conditions.
8.3.       If any party is affected by a Force Majeure event it shall immediately notify the other party in writing of the matters
constituting the Force Majeure event and shall keep that party fully informed of their continuance and of any relevant change of
circumstances whilst such Force Majeure event continues.
8.4.       The party affected by a Force Majeure event shall take all reasonable steps to minimize the effects of the Force Majeure
event on the performance of its obligations.
8.5.       Unless specifically carved out, a Force Majeure event shall not entitle any party to terminate the Fano MSA 2022, this
Schedule A and/or Other Documents made thereunder. No party shall be in breach of the abovementioned documents, or otherwise
liable to the other, by reason of any delay in performance, or non-performance of any of its obligations (including subcontractor of
the Licensor) due to such Force Majeure event.
8.6.       The parties shall discuss in good faith and agree on the arrangement and scheduling of performance once the Force
Majeure event ceases or is resolved, or to agree on alternative solution if the Force Majeure event persists and renders performance
reasonably impossible or unpredictable.
                          MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                      (“Agreement” or “Fano MSA 2023”)

           SCHEDULE B TO THE MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                 DATA PROCESSING ADDENDUM BASED ON HK PDPO AND SG PDPA 2023
                               (“Fano Data Processing Addendum 2023”)

This Fano Data Processing Addendum 2023 or Schedule B (or more simply to be referred as "Addendum") will apply from March
2023 and will be deemed to be incorporated into Fano’s Master Software License and Services Agreement or MSA (any version)
and all agreements and contracts pursuant to which Fano Labs Limited and/or its affiliates and subsidiaries (together or separately
as “Fano”) that are domiciled in Hong Kong or Singapore to provide their services by acting as: (i) a 'data processor' as defined in
paragraph 2(4) of Schedule 1 to Hong Kong’s Personal Data (Privacy) Ordinance (Ch. 486) ("PDPO"); or (ii) a 'data intermediary'
as defined in section 2(1) of Singapore’s Personal Data Protection Act 2012 (No. 26 of 2012) ("PDPA") (each of such agreement
or contract being an "Underlying Agreement").
Not all services which Fano provides result in Fano acting as a 'data processor' or a 'data intermediary'. Therefore, it is only those
services that fulfils the Scope (See Section 2.1 below) when this Addendum becomes applicable. This Addendum will not apply
where Fano does not act as a 'data processor' or a 'data intermediary' in providing the service, for example where Fano supplies
software to Client, usually it does not collect any personal data and then this Addendum does not apply.
1.    DEFINITIONS
1.1 In this Addendum, unless the context dictates otherwise, the following capitalised terms shall have the following meanings:
          (a)         “Client” means the person or entity that has entered into an Underlying Agreement with Fano, including any
                      other member of the Client or its group of companies comprising affiliates and subsidiaries of Client.
          (b)         “Client Personal Data” means any information which: (i) constitutes ‘personal data’ under section 2(1) of
                      PDPO or section 2(1) of PDPA; and (ii) is disclosed to or otherwise made available to Fano by or on behalf of
                      Client in connection with the Underlying Agreement.
          (c)         “Data Breach” means any incident involving an accidental, unlawful, or unauthorised access to, or destruction,
                      loss, alteration, or disclosure of information which is confirmed as affecting (or having affected) any Client
                      Personal Data.
          (d)         “Data Protection Law” means any applicable statute, regulation, order, or any other legal instrument which
                      pertains to the protection of privacy and confidentiality of personal information, including: (i) PDPO; (ii) PDPA;
                      (ii) any regulation promulgated under PDPO or PDPA; (iii) any ‘code of practice’ promulgated under section
                      12 of PDPO or any ‘advisory guideline’ promulgated under section 49 of PDPA; and (iv) any binding decision
                      of the courts and tribunals of Hong Kong or Singapore that relate to the application or interpretation of any of
                      the foregoing.
          (e)         “Data Subject” means any identified or identifiable natural person to whom Client Personal Data relates.
          (f)         “Data Subject Request” means any request made by any Data Subject pursuant to information rights he or
                      she enjoys under PDPO or PDPA, including the rights granted by part 5 of PDPO or part V of PDPA.
          (g)         “PDPA” means Singapore’s Personal Data Protection Act 2012 (No. 26 of 2012).
          (h)         “PDPO” means Hong Kong’s Personal Data (Privacy) Ordinance (Ch. 486).
          (i)         “Processing” means any action that can be performed in relation to Client Personal Data, including, without
                      limitation, collection, access, analysis, alteration, consultation, use, disclosure, transfer, deletion, destruction,
                      storage, or retention, insofar as such action affects Client Personal Data, and derivatives such as “Process” or
                      “Processed” shall be construed accordingly.
          (j)         “Services” means the services which Fano has contracted to provide pursuant to the Underlying Agreement.
1.2 Any reference to a statute, regulation, order, decision, or any other legal instrument in this Addendum shall be construed as
      including a reference to:
          (a)         any subordinate legislation made thereunder; and
          (b)         such statute, regulation, order, decision, or other legal instrument as the same is amended, consolidated, re-
                      enacted, or replaced from time to time.
2.    SCOPE OF THIS ADDENDUM
2.1 This Addendum shall govern all Processing undertaken in connection with the Underlying Agreement, but only if and to the
      extent:
          (a)         Processing falls within the scope of PDPO or PDPA; and
          (b)         Fano undertakes Processing in its capacity as a 'data processor' (as defined in paragraph 2(4) of Schedule 1 to
                      PDPO); or a 'data intermediary' (as defined in section 2(1) of PDPA),
          and for the avoidance of any doubt, this Addendum shall not apply to any Processing which Fano undertakes in its
          capacity as a 'data user' (as defined in section 2(1) of PDPO) who is directly subject to PDPO, or an ‘organisation’ (as
          defined in section 2(1) of PDPA) who is directly subject to PDPA.
2.2 Should a conflict arise between any provision of this Addendum and any provision of the Underlying Agreement, the
      provision of this Addendum shall take precedence over the conflicting provision of the Underlying Agreement, and this
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

      Addendum shall be deemed to amend the Underlying Agreement to the extent of such conflict but only in relation to matters
      concerning Processing.
2.3   This Addendum shall be deemed have become effective and shall be deemed to be incorporated into the Underlying
      Agreement:
          (a)        on the date on which the Underlying Agreement becomes effective, if the Underlying Agreement incorporates
                     this Addendum by making express reference to this Addendum from the outset; or
          (b)        the date on which this Addendum is brought to the attention of Client, where Client has continued to accept
                     Services from Fano under the Underlying Agreement after the date on which this Addendum is brought to the
                     attention of Client.
2.4   This Addendum shall survive (together with any other relevant provision of the Underlying Agreement) any termination or
      expiry of the Underlying Agreement for as long as any Client Personal Data remains under Fano’s custody or control.
3.    AUTHORITY IN RESPECT OF CLIENT PERSONAL DATA
3.1   Before disclosing or otherwise making Client Personal Data available to Fano, Client shall ensure that it and the relevant
      members of the Client Group are authorised to do so under the Data Protection Law so that Fano may undertake Processing
      lawfully in accordance with the Underlying Agreement and this Addendum.
4.    PURPOSE OF PROCESSING
4.1   Processing may be undertaken by Fano only if and to the extent it is necessary to provide Services, or otherwise fulfil Fano’s
      obligations under the Underlying Agreement and this Addendum. Unless agreed otherwise in writing with Client, Fano shall
      not Process any Client Personal Data for any other purpose.
4.2   Where Fano is required under any applicable law of the jurisdiction to which Fano is subject to Process any Client Personal
      Data for any purpose inconsistent with Section 4.1, Fano shall, to the extent it is legally permitted to do so, promptly notify
      Client and refrain from complying with such requirement without first conferring with Client.
5.    COOPERATION IN RESPECT OF PROCESSING
5.1   Without prejudice to the other provisions of this Addendum, Fano shall provide all such information, assistance, and
      cooperation as Client may reasonably require in ensuring or demonstrating that Processing meets the requirements of Data
      Protection Law. Fano shall provide such information, assistance, and cooperation in respect of all relevant matters pertaining
      to Processing, including, without limitation, the following:
          (a)        any Data Subject Request or any other inquiry regarding either party’s compliance with the Data Protection
                     Law;
          (b)        technical or organisational security measures to be used in safeguarding Client Personal Data; and
          (c)        any action to be taken in response to any Data Breach (including, where applicable, any notification to be made
                     to any Data Subject, or any regulator which enforces PDPO or PDPA).
6.    MANNER OF PROCESSING
6.1   Fano shall ensure that Processing is undertaken only on documented instructions given by Client. Such instructions include
      the Underlying Agreement, this Addendum, and any specific instruction which Client may from time to time give to Fano
      pursuant to this Addendum and/or the Underlying Agreement.
6.2   Fano shall not subcontract or delegate Processing to any third party without Client’s prior written consent (which consent
      Client shall not unreasonably withhold, condition, or delay). Such consent shall be deemed to be given in respect of any
      third party to whom Fano is, under the Underlying Agreement, permitted to subcontract or delegate part or whole of Services.
6.3   Where Fano subcontracts Processing to any third party (subject always to Section 6.2), Fano shall ensure that the relevant
      third party undertakes Processing on terms equivalent to this Addendum and in compliance with the Data Protection Law.
6.4   Where Fano receives any Data Subject Request or any other inquiry regarding either party’s compliance with the Data
      Protection Law with respect to Client Personal Data, Fano shall, to the extent it is legally permitted to do so, promptly notify
      Client and refrain from complying with such requirement without first conferring with Client.
7.    SECURITY OF PROCESSING
7.1   For as long as Client Personal Data remains under Fano’s custody or control, Fano shall implement and maintain appropriate
      technical and organisational security measures to protect Client Personal Data against Data Breach, in accordance with the
      Data Protection Law.
7.2   Where Fano becomes aware of any Data Breach, Fano shall:
          (a)        notify Client as soon as reasonably practicable and without undue delay;
          (b)        take all such steps as are reasonably necessary to contain and mitigate the consequences of the Data Breach;
                     and
          (c)        to the maximum extent permitted by the applicable law, refrain from communicating to any third party
                     (including any Data Subject) about the Data Breach without first conferring with Client (except where such
                     communication with third party is necessary in order to contain and mitigate the consequences of the Data
                     Breach).
8.    AUDIT OF PROCESSING
8.1   Fano shall provide all such information, assistance, and cooperation as Client may reasonably require to audit or inspect
      Fano’s compliance with this Addendum. Such an audit or inspection may be conducted:
                         MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                     (“Agreement” or “Fano MSA 2023”)

          (a)        only if and to the extent the Underlying Agreement fails to make provisions for such an audit or inspection;
          (b)        by a third party auditor acting on behalf of Client, the appointment of which shall be subject to Fano’ consent
                     (which consent Fano shall not unreasonably withhold, condition, or delay);
          (c)        only upon Client giving reasonable prior notice in writing;
          (d)        during normal business hours in a manner that avoids or minimizes disruption to Fano’s day-to-day business
                     activities; and
          (e)        no more than once in any given twelve (12) months period.
8.2 Client shall bear the cost in undertaking an audit pursuant to this Section 8, save that where an audit conducted under this
     Section 8 reveals any material non-compliance with this Addendum by Fano (or any of its subcontractor), Fano shall, at its
     own cost, take all such steps as Client may reasonably specify to remedy such non-compliance.
9.   CROSS-BORDER PROCESSING
9.1 Except where Section 9.2 applies, Fano shall not allow Processing of Client Personal Data to take place outside Hong Kong
     or Singapore (as appropriate or as per the Underlying Agreement) without Client’s prior written consent (which consent
     Client shall not unreasonably withhold, condition, or delay).
9.2 Fano may allow Processing to take place outside Hong Kong or Singapore without Client’s prior written consent provided
     that Fano has taken steps to ensure that such Processing takes in a manner that appropriately addresses any restriction which
     might otherwise apply to such Processing under PDPO or PDPA.
10. CESSATION OF PROCESSING
10.1 If the Underlying Agreement expires or is terminated for any reason whatsoever, Fano shall:
          (a)        cease all Processing which is not strictly necessary to enable Fano to comply with any obligation under the
                     Underlying Agreement or this Addendum which is applicable after the expiry or termination of the Underlying
                     Agreement; and
          (b)        at Client’s option, permanently and irreversibly return, transfer, destroy, or delete (to the extent technically
                     feasible and commercially practicable) all Client Personal Data under the custody or control of Fano.
10.2 If and to the extent it is not technically feasible and/or commercially practicable for Fano to permanently and irreversibly
     comply with Section 10.1(b), Fano shall ensure that any residual Client Personal Data which is retained under its custody or
     control is permanently put beyond use and not Processed any further save for the mere unavoidable retention of such residual
     Client Personal Data.
10.3 Client may, at its option and at any time during the term of the Underlying Agreement, require Fano to return, transfer,
     destroy, or delete Client Personal Data, in whole or in part, in accordance with Section 10.1.
10.4 Subject to Section 4.2, Fano may retain Client Personal Data if and to the extent it is obliged to do so under any applicable
     law of the jurisdiction to which Fano is subject to.
11. LIABILITY FOR PROCESSING
11.1 Any breach of this Addendum shall be treated as a breach of the Underlying Agreement, and the consequence and liability
     for such breach shall be treated in accordance with the relevant provisions of the Underlying Agreement. If the Underlying
     Agreement does not provide for the consequence and liability, Fano shall be responsible for all direct losses and damages to
     Client as a result of the breach.
11.2 Fano shall remain fully liable for any act or omission on the part of any third party to whom Fano:
          (a)        discloses Client Personal Data otherwise than in accordance with Client’s instruction; or
          (b)        subcontracts Processing (regardless of whether or not such subcontracting takes place with Client’s consent),
          insofar as such third party’s act or omission affects Client Personal Data.
12. GOVERNING LAW AND DISPUTE RESOLUTION
12.1 This Addendum shall be governed by and construed in accordance with the same governing law the parties have chosen to
     apply to the Underlying Agreement. Any dispute arising under or in connection with this Addendum shall be resolved in
     accordance with the relevant provisions of the Underlying Agreement.
                       MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT (2023)
                                   (“Agreement” or “Fano MSA 2023”)

                             FANO LABS LIMITED SPECIFIC DISCLAIMER AND
                                  PRODUCT USE PROHIBITION NOTICE

THIS DISCLAIMER AND PROHIBITION NOTICE RELATES TO ALL FANO LABS PRODUCTS WHICH MAY
SERVE TO IMPERSONATE, CLONE, IMITATE, RECONSTRUCT OR GENERATE VOICE OR SOUND OF
ANY PERSON OR SUBJECT (“RELEVANT FANO LABS PRODUCTS”). YOUR ACCEPTANCE OR
CONTINUED USE OR ENGAGEMENT OF ANY RELEVANT FANO LABS PRODUCTS (AS APPROPRIATE
ACCORDING TO YOUR ORDER OR TERMS WITH US) SIGNIFY YOUR CONSENT TO THIS DISCLAIMER
AND PROHIBITION. IF YOU DO NOT AGREE, YOU MUST STOP THE USE OF YOUR RELEVANT FANO
LABS PRODUCTS IMMEDIATELY.

DISCLAIMER: Except for Fano Labs’ contractual obligation and liability to you, Fano Labs shall not be liable for
your use of the Relevant Fano Labs Products or their output or results, including but not limited to direct, indirect or
consequential loss, infringement, civil or criminal acts of yours which result in claims by any third parties, prosecution
and/or any regulatory actions. If Fano Labs reasonably believes that you may be engaged in any of the prohibited
activities below, Fano Labs may suspend or withdraw your products, our license, contract or service to you, report the
same to relevant authorities and/or conduct any investigation as appropriate. You agree to waive any claims
whatsoever against Fano Labs if our actions are reasonable and legal, and indemnify Fano Labs for our losses and
costs as a result.

PROHIBITION OF USE: You agree that you shall not use the Relevant Fano Labs Products for any of the below
prohibited activities:

    I.   Impersonate other people or companies or authorities without the subject’s consent (including but not limited
         to the voice owner or copyright owner or licensee of a voice recording) and/or authority, fraudulently and/or
         for any other dishonest purpose, falsehood and/or if the result, output, use or act is in any way illegal,
         threatening, or harmful.
    II. Breach or violation of the rights of others, including but not limited to infringing personality, portrait or
         image right, passing off, against others’ good will, copyright, right of publicity and/or any other intellectual
         property rights, or to defame a third party or in harm of a third party’s reputation.
    III. Obtaining advantage (whether it is in monetary or otherwise, such as marketing campaign or propaganda,
         unless the third party has actual knowledge of your use), sensitive information (whether such information is
         secret or under legal protection, such as personal information, password or consent to any disclosure,
         purchase, trade or invest), access, approval, or creating a false impression against, of or to any third parties.
    IV. Combining the result or output from the Relevant Fano Labs Products with any automated software or
         systems to conduct content farming, data mining, robots, or similar data gathering and extraction tools for
         any purpose we do not approve in writing in advance.
    V. Breach any local, national, overseas or international law, or causing any third party complaint, suit or
         proceeding against you or Fano Labs by your use of our Relevant Fano Labs Products.
    VI. Apply the product outputs to engage in any discrimination acts against any person or subject based on their
         disability, race, color, national or ethnic origin, religion, age, sex, gender, sexual orientation and/or preference,
         or inciting any hate, violence, or confusion to the general public.

This Disclaimer and Prohibition Notice is not aimed to forbid your contractual, normal, legal or impartial use of the
Relevant Fano Labs Products and/or their output. If you are concerned about the scope, or unsure about any use and
consequences, you may consult us for consent or approval in advance.