Mutual Confidentiality Agreement

This Mutual Confidentiality Agreement (this Agreement) is entered into on the Effective Date between: Silk
Energy Pte Ltd and the "Participant" identified below (herein referred to individually as Party and collectively as
Parties) in order to protect certain confidential information including materials ("Information") which may be
disclosed between them relating to the Purpose (as defined herein).
Effective Date

29th July 2015

Silk Energy

Silk Energy Pte Ltd

23 Emerald Hill Road, Singapore 229305

Participant
Purpose

XXXX
Silk Energy Pte Ltd LNG Investment Opportunity

The Parties AGREE as follows:

1. This Agreement controls Information that is disclosed by one party (Discloser) to the other party
("Recipient") in relation to the Purpose from or before the Effective Date.
2. Information disclosed under this Agreement includes any and all information and materials exchanged between
the Parties, whether in writing, orally or otherwise, including but not limited to business, financial and technical
information, developmental and manufacturing processes and procedures, plans, research, inventions, product
specifications, compounds, formulae, samples and prototypes, equipment, hardware, software, firmware, data
and reports, test results, patents and patent applications or any other intellectual property rights, trade secrets,
know-how, designs and methods, whether tangible or intangible.
3. The existence of and the relationship created under this Agreement is confidential and the Information
disclosed pursuant to this relationship shall be treated as confidential pursuant to the terms of this Agreement.
4. The obligations contained in this Agreement shall continue to apply for a period of two (2) years from the
Effective Date. Subject to the foregoing, either Party may terminate this agreement at any time by giving
written notice of such to the other Party and upon such termination a request for return of the information shall
be deemed to have been made by each of the Parties under clause 10.
5. The Recipient shall use such Information solely for evaluating the Purpose. Further, the Recipient shall not
disclose or use Information, or allow it to be used, for its own benefit or the benefit of others other than in
relation to the Purpose, and shall take all precautions reasonably necessary to prevent unauthorised access,
use or disclosure of the Information.
6. This Agreement imposes no obligation upon Recipient with respect to Information that: (a) was in Recipient's
possession before receipt from the Discloser, or (b) is or became available to the public through no fault of
recipient, or (c) is received in good faith by Recipient from a third party who was under no obligation of non
disclosure or (d) is independently developed by Recipient without reference to Information received hereunder,
as evidenced by Recipient's own records.
7. Recipient may disclose Information to those of its officers, employees, contractors and agents (including legal,
financial and other expert advisers) who reasonably require access to the Information for the Purpose, but only
if they are bound to the Recipient by obligations of confidentiality no less than those set out in this Agreement.
8. In the event that Recipient is required by law, judicial or administrative process to disclose Information,
Recipient shall use its best endeavours to promptly notify Discloser and allow Discloser a reasonable time to
oppose such process.
9. A Recipient of materials constituting Information shall not analyse or permit a third party to analyse any such
materials except with the prior written consent of Discloser.
10. Recipient agrees to return, or at the Disclosers election destroy, all Information (including materials) received
from the Discloser at the request of the Discloser except that Recipient may retain in its confidential files one
copy of written Information for record purposes only. If requested by either Party, a director or senior executive
of the returning Party must confirm in writing that this clause has been complied with.
11. Each Discloser warrants that it has the right to make disclosures under this Agreement. The Recipient
acknowledges that the Information is provided as is and that the Discloser makes no warranties, express,
implied, statutory or otherwise with respect to the Information, and expressly disclaims all implied warranties.

Mutual Confidentiality Agreement | Silk Energy Pte Ltd and Participant

12. Information disclosed to the Recipient is and shall remain the sole and absolute property of Discloser. The
Recipient is not granted or assigned any rights in any of the Disclosers Information or in any patent, trade
mark, copyright or any other intellectual property right of any description, nor does anything in this Agreement
imply the grant of a license or other right to make use, sell or otherwise commercialize any portion of the
Confidential Information
13. Neither Party has an obligation pursuant to this Agreement to purchase any service or item from the other Party
or enter into any further agreement in relation to the Purpose or otherwise.
14. The Parties do not intend that any agency or partnership relationship be created by this Agreement.
15. This agreement constitutes the entire agreement between the parties in relation to its subject matter and
supersedes all other communications, negotiations, arrangements and agreements between the Discloser and
the Recipient.
16. Neither party may assign this Agreement without the prior written consent of the other party.
17. All additions or modifications to this Agreement must be made in writing and executed by both Parties.
18. The Recipient acknowledges that any unauthorised use or disclosure of the Information or any part of it in
breach of this Agreement and any other breach of the terms of this Agreement may cause damage to the
Discloser and that damages may be inadequate compensation for breach of this Agreement. Consequently,
the Discloser has the right in addition to any other remedies available at law or in equity, to seek injunctive relief
against the Recipient in respect of any breach of this Agreement and to seek specific performance of this
Agreement.
19. The Recipient indemnifies the Discloser from all claims, costs, expenses, losses and liabilities (including legal
costs on a solicitor and own client basis) suffered or incurred (including, without limitation, in connection with
the enforcement of this Agreement) as a result of or in connection with any breach of this Agreement by the
Recipient.
20. This Agreement is governed by the laws of Singapore. The Parties submit to the non-exclusive jurisdiction of
Courts exercising jurisdiction there.
21. This Agreement may be executed via post or scanned signed copies and in counterparts, each of which shall
be deemed an original and all of which, when taken together, shall constitute a single agreement. Please
return one (1) original fully executed copy to Silk Energy Pte Ltd, 8 River Valley Grove, Riveria Gardens #03-02
Singapore 238406.
22. EXECUTED by the parties as an agreement.

SIGNED

For and on behalf of

SILK ENERGY PTE LTD by its
authorised representative:

Signature:

For and on behalf of

XXX by its authorised
representative:

Signature:

Name: Michael Roberts

Name:

Title: Director

Title:

Date:

Date:
| Confidential