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CONSULTING AGREEMENT

THIS CONSULTING AGREEMENT (“Agreement”) is made thisday of ., 2018, by and between Kurdistan Regional Government, (“the Client"), located in Erbil, Kurdistan-Iraq, and PASS LLC, a Virginia company (“PASS”) located at 1101 King St Suite 360 Alexandria, VA 22314-2965, collectively referred to as the “Parties.”

WITNESSETH

WHEREAS, the Client desires to retain the PASS as a consultant to the Client;

WHEREAS, the Client and the PASS desire to enter into the Agreement as to tire terms of the PASS’ compensation by tire Client in consideration for services;

WHEREAS, the Parties have agreed to a Scope of Work (SOW), attached, that may be modified from time-to-time with the mutual agreement of parties;

NOW THEREFORE, in consideration of the foregoing, of the mutual promises contained herein and of other' good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

1. Position/Duties.

During the Engagement Term (as defined in Section 2 below), PASS shall provide consulting services as needed to the Client. PASS shall be available when needed by the Client. The Scope of Work (SOW) attached to this Consulting Agreement will serve as the framework the Parties will use to structure work product. The SOW may be modified from time to time, with the mutual agreement of the Parties.

2. Engagement Term.

PASS’ term of engagement under this Agreement (such term of engagement, as it may be extended or terminated, is herein referred to as the “Engagement Term”) shall be for a term commencing on August 12, 2018, the Effective Date, for the purpose of completing the items defined by the SOW. This Engagement Term will last for twelve (12) months beginning on the afore-defined Effective Date with option to renew, unless terminated earlier as provided in Section 5 hereof.

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3. Monthly Retainer.

In consideration of PASS’ services and funds invested in the Client, the Client agrees to pay PASS a retainer (the “Base Consulting fee”) at an annual rate of US$700,000. This annual consulting fee will be payable in three (3) tranches every 4 months. Each tranche will be billed every three months, and it will be due before the start of the next 4rmonths of service. The first payment will be due before the beginning of tire engagement.

The Client also agrees to provide US$7,000 per month for expenses. This allowance will he paid with every 4-month period of service invoice. A total of US$28,000 will be billed in tranches every three (3) months every year, and it will be due before the start of the next 4- months of service. Any expense above the pre-agreed amount will need to be preapproved by the Client and will be billed at the end of the service month. Project expenses for travel, lodging, etc will be consistent with tire Client’s policies and procedures.

4. Retainer Policies

The PASS will maintain a separate bank account for this project. Up-front advance, retainer and expense reimbursements will be deposited and managed through this separate account, The Client will have the right to audit this account as required and have access to project financial- related''records. The PASS may use the consulting retainer for expenses until reconciled with reimbursement payments.

5. Employee Benefits.

Consultant shall not be eligible for any benefits of the Client Consultant’s only . compensation shall be the payment the Base Consulting Retainer discussed in Section 3.

6. Termination.

The Parties may terminate this consulting engagement with one months (30 days) written notice.

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7. Notice.

For the purpose of this Agreement, notices and all other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given (i) on the date of delivery if delivered by hand, (ii) on the date of transmission, if delivered by confirmed facsimile, (iii) on the first business day following the date of deposit if delivered by guaranteed overnight delivery service, or (iv) on the fourth business day following the date delivered or mailed by United States registered or certified mail, return receipt requested, postage prepaid to die Client’s or PASS’ then address.

8. Section Headings Inconsistency.

The section headings used in this Agreement are included solely for convenience and shall not affect, or be used in connection with, the interpretation of this Agreement,

9. Severability.

The provisions of this Agreement shall not be deemed severable and this agreement is to be construed as a whole, and all parts of it are to be read and construed together.

11. Counterparts.

This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument.

12. Indemnification.

The Parties shall at all times defend, indemnify and hold harmless each other, their officers, employees and agents from and against all loss, costs, damages and expenses (including legal fees and costs), claims, suits and liabilities to the extent arising out of or resulting from the activities under this agreement Each Party shall promptly notify the other Party of any written claim, loss, or demand for which the one Party is responsible under this clause. This indemnity shall survive the expiration or termination of this agreement.

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13. Arbitration.

Aity dispute, controversy or claim arising out of or in relation to this Agreement, or the breach, termination or invalidity thereof, shall be settled amicably by negotiation between the Parties. In the event that such negotiation is unsuccessful the dispute, controversy or claim shall, at the request of either Party, be submitted to a Tribunal of three arbitrators. Each Party shall appoint one arbitrator, and the two arbitrators so appointed shall appoint a third arbitrator, who shall be the chairperson of the Tribunal. If, within 15 days of the appointment of two arbitrators, the third arbitrator has not been appointed, either party may request the President of the International Court of Justice to appoint the arbitrator referred to. The Tribunal shall determine its own procedures, provided that any two arbitrators shall constitute a quorum for all purposes, and all decisions shall require the agreement of any two arbitrators. The expenses of the Tribunal shall be borne by the Parties as assessed by the Tribunal. The Tribunal award shall contain a statement of the reasons on which it is based and shall be final and binding on the Parties.

15. Solicitation of Personnel.

During tile term of the Agreement, Client will not directly or indirectly solicit any personnel of PASS who are working or have worked on the Agreement to leave the employ of PASS. During this period, Client shall be free to negotiate with the PASS the hiring of any personnel of the PASS so long as Client did not solicit such personnel to leave the employ of PASS.

16. Force Majeure.Neither Party will be liable for any delay in performing or failure to perform any of its

obligations under this Agreement if such delay or failure is caused by force majeure, such as civil disorder, military action, natural disaster and other circumstances which are beyond the control of die Party in question. In such event, die Party will give immediate nodce in writing to the other Party of the existence of such cause of event and of the likelihood of delay.

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17. Miscellaneous.

No provision of this Agreement may be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing and signed by Executive and both Partners. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. This Agreement sets forth the entire agreement of the Parties hereto in respect to the subject matter contained herein. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement. This Agreement supersedes any past employment agreements between the Client,and PASS.

Withholding

The Client will not pay any foreign, federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation.

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first written above.

CLIENTKurdistan Regional Govemmei; Ministry of Interior

By:Mr. Kafun Sinjari Minister of Interior

Date:zo\$

PASS LLC

By:

P.&X Date:

Daniel Puls President & CEO

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