1. De Brauw Blackstone Westbroek N.V. ("De Brauw") is a limited liability company whose object is the practice of law, in the broadest meaning of the term, as attorneys-at-law, civil law notaries, and tax advisors. In this practice of law, De Brauw may, from time to time, be assisted by persons engaged by it in connection with the performance of client assignments.

2. De Brauw considers all client assignments to have been given to De Brauw as an organisation, even in the event that it is the explicit or implicit intent that the assignment be performed by a specific person. Article 7:404 of the Dutch Civil Code, which provides for the latter, and Article 7:407 subsection 2, which, for the former, creates a joint and several liability where assignments have been given to two or more persons, shall not apply.

3. In the event that when carrying out a client assignment, an event should occur which may lead to a liability, such liability shall be limited to the amount or amounts indemnified by De Brauw’s professional liability insurance. Such amount(s) shall include De Brauw’s deductible as stated under this insurance. This event shall also include a failure to act.

In the event that, by or in connection with the performance of a client assignment or otherwise, damage, for which De Brauw is liable, is caused to persons or property, such liability shall be limited to the amount or amounts covered by De Brauw’s third-party indemnity insurance. Such amount(s) shall include
De Brauw’s deductible as stated under this insurance.

4. In the event that persons who have been engaged in connection with the performance of a client assignment wish to limit their liability in relation thereto, De Brauw shall proceed on the assumption, and insofar as necessary, stipulates, that all client assignments also include the authority to accept such limitation of liability on behalf of those clients.

5. In the event that the performance of a client assignment entails the engagement of a person resident outside the Netherlands, and who has no connection to De Brauw, and is not part of a joint venture entered into by De Brauw, De Brauw shall not be liable for any failures made by such person when engaged in the performance of the client assignment.

6. The relationship between De Brauw and its clients shall be governed by Dutch law. The courts of the Netherlands shall have exclusive jurisdiction over any dispute arising between De Brauw and a client.

7. These General Terms and Conditions may be invoked not only by De Brauw but also by any person engaged in the performance of a client assignment. The same shall apply to former employees, including their heirs, if they are held liable after they have left De Brauw.

8. These General Terms and Conditions shall also apply to any supplemental and further client assignments. The General Terms and Conditions are available in both the Dutch and English languages. In the event of any dispute arising as to the contents or purport of these General Terms and Conditions, the Dutch language version shall prevail.

De Brauw Blackstone Westbroek N.V., Amsterdam, is registered with the trade register in the Netherlands under no. 27171912.