BSW LLC - Georgia, Tbilisi, Vake district, Sh.

Nucubidze
Plateau, II m/d, quarter IV, building N 2, Living space N 76
Identification Number: 405331706
casino-software.online Number and Date of Registration: 24/04/2019

Development Contract № 320

Date 2021-11-05 18:34:43

1. The subject of the agreement

1.1. The Contractor undertakes to provide the Customer with the delivered service on time, at
prices and in amount set by this Appendix to the original contract. All the terms and conditions of
Appendix to the original contract are an integral part of the contract and come into force after
signing this Appendix to the original contract. When work is fully delivered, the Act of Completed
Work performed is signed by the Customer.

1.2. The Customer undertakes to provide all the conditions and information required the
Contractor to perform their obligations, accept and pay for the services delivered by the Contractor
(works performed).

2. Rights and Obligations of the parties

2.1. Rights and obligations of the Contractor:

2.1.1. The Contractor undertakes to render services (to do works) in a high-quality manner, in
accordance with the contract, Appendixes, Technical Task and additional agreements.

2.1.2. The Contractor undertakes to provide the Customer necessary and reliable information
about the work, its types and features, the price and the form of payment, and also to inform the
Customer of information concerning the contract and the relevant work at his request.

2.1.3. The Contractor has the right to involve third parties for works according to the
Agreement without the consent of the Customer.
2.1.4. The Contractor undertakes not to disclose any confidential information of the Customer
received during the cooperation under this agreement.

2.2. Rights and obligations of the Customer:

2.2.1. The Customer undertakes to scrutinize the Contract, familiarize himself with all the
points of the agreement. Otherwise, any claims after the signing of the contract are invalid.
 2.2.2. The Customer undertakes to accept and pay for the work of the Contractor in full and
within the time limits specified in the Appendixes of the Contract, to fulfill other obligations
provided for in the Contract, Technical Task and Appendixes.

2.2.3. The Customer undertakes to provide the Contractor necessary materials and information
concerning the project before the work starts.

2.2.4. The Customer undertakes to transfer the information necessary for the provision of
services (to do works) to the Contractor by email, in files the format of which is agreed upon with
the Contractor.

2.2.5. The Customer undertakes not to disclose any confidential information of the Contractor
received during the cooperation under this agreement.

2.2.6. The customer has the right to check the progress and quality of the Work performed by
the Contractor without interfering with its activities.

3. Settlements of the parties

3.1. The price for services / works under this Agreement is established in US Dollar and is
determined in the Appendices thereto. The form of payment is a cash payment, or (by agreement of
the parties) a different form.

3.2. Overwork of the agreed parts of work under this Agreement is carried out only with full
payment by the Customer of works. The price of work in this case is determined by the Contractor.

3.3. Services are provided on a 33% prepayment basis (5000 dollars). All terms and conditions
of work specified in the Appendix No.1 are determined from the moment the prepayment is
received. Prepayment is made within 2 working days from the moment of signing the Contract.

3.4. TThe remaining 67% of the purchase price (10000 dollars) is considered as additional
payments. The additional payments are paid according to the Appendix No.1

3.5. If during the period of performance of the works specified in the Appendix to the Contract,
the volume of services demanded by the Customer exceeds the amount of services paid for by the
Customer, the difference shall be paid by the Customer within 5 business days from the moment the
Contractor submits an additional invoice.

3.6. The parties have the right to change the price of services and terms of payment only by
common consent.

3.7. Third parties could be Payers under this Agreement.

 3.8. The Contractor has the right to discontinue the provision of services to the Customer if the
Customer has violated the settlement procedure determined by this Contract and its Appendixes.

3.9. In the event that it is impossible to perform the work arising from the fault of the
Customer, the services are paid in the amount actually incurred by the Contractor.

4. Terms of work execution, the order of the work delivery.

4.1. The preparation of Technical Task is not a part of the development process. The creation
of a chat with the project manager does not mean starting the development of its platform. The
business weeks include ONLY the actual development of the site.

4.2. If the project is launched into development, and the Customer has new requirements, then
the Contractor cannot add or change anything, as well as cannot disrupt the development process.

After the delivery of the project, the Customer can submit a request for changes. The stages
that the task goes through for changes are described in clause 8.6.

4.3. The deadline for the completion of work on the site creation is specified in the Appendix
No.1 to the Agreement.

4.4. The deadline for the completion of work is specified in the Schedule in the Appendix to
the Agreement.

4.5. In case of delay in making advance payment, providing information, agreeing work stages,
paying for services of third parties or other non-fulfillment by the Customer or its contractors of the
Customer's obligations stipulated in the Contract, as well as Appendixes and Additional
Agreements thereto, the Contractor has the right to unilaterally transfer all terms of execution works
(rendering services) without any additional notice to the Customer. Terms of performance of works
in this case increase for the period of performance. Performance of any obligations and time
necessary for the Contractor to resume work but not more than 10 working days.

4.6. If within one day during the creation of the project the Customer for any reason does not
get in touch with the representatives of the Contractor's company, then the deadline for the project
is shifted, depending on the number of days when it is not possible to contact the Customer.

4.7. In the event of preschedule termination of the Agreement the Contractor shall send to the
Customer an Act of Completed Work.

The Customer within three business days after the Act of Completed Work signs the act and
returns one copy of the act to the Contractor. If the Customer does not sign the Act of Completed
Work for a period of time and does not present any claims to the Contractor for the performance of
the Contract the Act is considered to be accepted by the Customer and signed by the Contractor
unilaterally.
 4.8. If the Customer violates the deadlines for accepting the stages of work agreed upon by the
Parties in the Appendix to this Contract, without justified reasons, the Contractor has the right to
complete the work with the Act of Completed Work signed unilaterally, with a note of the
Customer's refusal to sign the Act of Completed Work.

4.9. The Contractor has the right to deliver work ahead of schedule in this case all terms under
the Contract postpone.

4.10. Due to COVID-19 the Contractor has the right to extend the deadline.
5. Responsibility of the parties

5.1. The parties are wholly or partially exempt from liability in the event they provide proofs
that reasons for their default on obligations of the original Contract are irresistible force or adoption
of legislation by the government or the legislature that directly makes fulfillment of contract
obligations impossible. Proofs shall be provided in the order established by the current legislation.
In this case fulfillment of the original Contract obligations are postponed until the circumstances
making obligations fulfillment impossible are removed. Once the irresistible force or legislation
restrictions above mentioned have risen each Party shall notify in writing another Party no later
than 5 days after.

5.2. The Customer takes full responsibility for the content and reliability of the information and
advertising materials provided to the Contractor, for violation of the proprietary, copyright and
other rights of third parties. All property claims of third parties including authors and holders of
related rights concerning information and advertising materials provided to the Contractor shall be
settled by the Customer on their own and at their own expense.

5.3. In the event the Contractor incurs losses caused by a violation of the rights of third parties
including copyright infringements by the Customer as well as violations of the law requirements
regarding the content and processing of information distributed, the Customer shall reimburse all
losses the Contractor has incurred as a result of such violation.

5.4. Parties bear responsibility in accordance with Russian Federation legislation for default to
perform or improper performance of the original Contract obligations in aspects not covered by the
original Contract.

5.5. The Parties shall not bear responsibility for the loss of profits and indirect damage incurred
by the other Party that may arise from (their) improper execution of the original Contract
obligations.

6. Dispute Settlement Order

6.1. All disputes between the parties are resolved through negotiations on the principles of
goodwill.
 The claim procedure for resolving disputes is compulsory; the time for responding to a claim is
10 business days.

6.2. If it is impossible to reach an agreement through negotiations, disputes are resolved in

court at the Arbitration Court of Moscow.

7. Term and Termination of the Contract

7.1. This Contract comes into force from the moment of its signing by the Parties and is valid
for one year.
In the event that none of the Parties declares their intention to terminate the Contract one month
prior to the date of the Contract expiration date then the Contract is prolonged for the next calendar
year on the same conditions with the continuation of this extension procedure for subsequent
periods.

7.2. This Contract may be supplemented by the Annexes and Supplementary Agreements
which will be parts of this Contract from the moment they are properly framed and signed by both
Parties. The original Contract determines essential conditions of the relationship of the Parties.

7.3. The agreement may be terminated prematurely by any Party unilaterally on condition of
absence of any disputes and debts between the Parties. For the Contract termination the Party
initiating the termination of the Contract must notify the other Party in writing not less than 7
(seven) calendar days before the date of termination of the Contract.

7.4. The Customer may terminate the Contract in case the Customer has made prepayment and
the Contractor has started execution of the Contract terms provided works performed has not
already been accepted by the Customer by notifying in writing the Contractor 7 (seven) calendar
days before the date of termination of the Contract without refund of prepayment made (unless
other conditions are stated in the Annex to the Contract).

7.5. In the event that the Contract is terminated at the initiative of the Customer and the amount
of work performed by the Contractor by that time exceeds the amount of the prepayment paid by
the Customer then the debt of the Customer to the Contractor is calculated based on the Contractor's
current prices and the Certificate of work performed by the time of termination of the Agreement
which is repaid within 3 working days from the date of signing by the parties (acceptance) of this
Certificate (unless other conditions are stated in the Annex to the Contract).

8. The procedure for making changes and editions:

8.1. If within one day during the creation of the project the Customer for any reason does not get
in touch with the representatives of the Contractor's company, then the deadline for the project is
shifted, depending on the number of days when it is not possible to contact the Customer.
 8.2. All details regarding the creation of the site should be discussed before the transfer of the
Technical Task to the web development department. If any aspect was discussed only in messages
with the salesperson and was not mentioned when creating the Technical Task, then this item will be
absent in the contract due to the fault of the Customer.

8.3. The delivery of the project takes place exclusively according to the Technical Task,
developed and confirmed by the customer at the initial stages of work.

8.4. If it turns out that the Technical Task, previously confirmed by the Customer, does not
correspond to the real request of the Customer, the issue is discussed individually. Upon making a
decision to make changes, the newly described items are researched and a new date for the delivery
of the project is set.

8.5. All changes and editions are carried out after the direct delivery of the project under the
Technical Task.

8.6. Tasks for modifications and changes, if any, after the delivery of the project go through the
following mandatory stages:

● Defining of tasks.
● Research of tasks.
● Valuation in time and money equivalents.
● Coordination with the Customer.
● If approved, the Customer undertakes to make an advance payment.
● After completing the points above, the task is transferred to work.

8.7. In view of the high workload of the staff, tasks for changes and editions are collected during
the current week, and are taken for work only next week.

8.8. During the process of acceptance of the project by the Customer, testing can be performed
for an amount of no more than 100 USD. If the amount of testing exceeds 100 USD, then the
Customer covers the extra costs.

9. The Contact enters into force:

9.1. The Contract is automatically considered signed from the moment when payment is
received to the bank account of the Contractor with the Customer’s confirmation of payment,
regardless of whether it was signed manually or not.
Customer: Contractor:

Name: BSW LLC

Address: Georgia, Tbilisi, Vake district, Sh.Nucubidze
Plateau,
II m/d, quarter IV, building N 2

Tel: Tel: +79959137774

E-mail: E-Mail: [email protected]

Makanov Konstantin

__________________________ ______________________________

Appendix No.1

1. List of tasks according to the approved Technical Task:

Individual or Template design 7bet.me

Place the site on the customer's domain Yes

Mobile or Desktop version Yes

Sportsbook ( Betconstruct ) 15 % RS

User’s registration

Login

Automatic events, markets, odds updates

Display of results

Cashout

Single/Express bets

History of bets

Slots (Amatic + including other providers) 15 % RS

Live casino Evolution 21 % RS

 Slots Pragmatic 21% RS

Fiable Games 15% RS

Golden Race 17 % RS

Live casino XPG 17% RS

Live casino Pragmatic Play 17 % RS

Admin panel Yes

Agent system Yes

Payment system Yes

Payment solutions’ integration yes

Languages English, Frensch,

Spanish, Portuguese

Technical support 24/7 Yes

*RS - Revenue share

2. Project workflow and payment plan:

2.1. The price of work under this agreement is 15 000 USD;

2.2. The prepayment amount is 5 000 USD;

2.3. The additional payment is 5 000 USD.

2. 4 The additional payment is 5 000 USD.

3. Steps of work:

3.1. Step 1. Prepayment 5 000 USD;

3.2. Step 2. The development of a website with a template design (7bet.me), English, French,
Spanish and Portuguese languages, agent system, Betconstruct sportsbook;

3.3. Step 3. The integration of Casino/Slots (Amatic, Microgaming, Netent, Wazdan, Merkur,
Greentube, Igrosoft, IGT, Aristocrat, Gaminator, Quickspin, Playtech, Apollo, Kajot, Playson,
Konami, Booongo, Fishing, Austria, Spadegaming, CQgaming);

3.4. Step 4. Additional payment 5 000 USD;

3.5. Step 5. The integration of the Providers:

● The integration of FiableGames;

 ● The integration of GoldenRace;

● The integration of LC XPG;

● The integration of LC Pragmatic Play

● The integration of LC Evolution

● The integration of Pragmatic slots;

3.6. Step 6. Additional payment 5 000 USD;

In total it will take working weeks to have the website done. Total price is 15 000 USD.

3.7. The Customer undertakes to pay a monthly share of profits to the Contractor in accordance
with Appendix No. 2.
 Appendix No.2

1. Obligations of the parties:

1.1. The Contractor undertakes:

● Calculate bets;
● Support the stable operation of the Sportsbook.

1.2. The Customer undertakes:

● Make payment (revenue share) not later than the 15th (fifteenth) day of each
month.

1.3. For violation of the terms of payment provided for in clause 1.2 of Appendix No.2, the
Contractor has the right to demand from the Customer the payment of a penalty in the amount of
0.1% of the payment amount for each day of delay.

2. Revenue share model for Sportsbook:

2.1. The Customer shall pay 15 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 50,000 the payment rate may be reduced to 14
%.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 12
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 11
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 8
%.

3. Revenue share model for Casino/Slots:

3.1. The Customer shall pay 15 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 50,000 the payment rate may be reduced to 14
%.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 12
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 11
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 8
%.

4. Revenue share model for live casino Evolution:

 4.1. The Customer shall pay 21 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.

5. Revenue share model for Pragmatic slots:

5.1. The Customer shall pay 17 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 16
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 15
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 14
%.

6. Revenue share model for Fiable Games:

6.1. The Customer shall pay 15 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 50,000 the payment rate may be reduced to 14
%.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 12
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 11
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 8
%.

7. Revenue share model for Golden Race:

7.1. The Customer shall pay 17 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 16
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 15
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 14
%.

8. Revenue share model for live casino XPG:

8.1. The Customer shall pay 17 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 16
%.
 If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 15
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 14
%.

9. Revenue share model for live casino Pragmatic Play:

9.1. The Customer shall pay 17 % of Gross Gaming Revenue (GGR) to the Contractor. Gross
Gaming Revenue (GGR) is calculated as the difference between the amounts of accepted bets and
paid bets.
If the Customer’s GGR exceeds USD 100,000 the payment rate may be reduced to 16
%.
If the Customer’s GGR exceeds USD 200,000 the payment rate may be reduced to 15
%.
If the Customer’s GGR exceeds USD 400,000 the payment rate may be reduced to 14
%.

★ Monthly minimum payment - 600 USD starts from the 3 (third) month of operating.