www.LSRetail.com

Sigrun Dora Saevinsdottir, Contract ManagerGudmundur Karlsson, Partner Operations Manager

Partner Program Overview 2014

Requirement Diamond Platinum Gold Standard

Basic training 3 persons 3 persons 3 persons 3 persons

Upgrade training 3 persons 2 persons 1 persons 1 persons

License revenue last 12 m. period € > 150.000 > 75.000 > 25.000 As per

agreement

BREP revenue growth YoY last 12 m. > 5% > 10% > 15%

Either License revenue growth YoY last 12 m. > 5% > 10% > 15%

Or Customer add growth YoY last 12 m. 1) > 0% > 0% > 0% > 0%

No overdue invoices at end of year Yes Yes Yes Yes

1) Must have at least 1 CA in previous period

Requirement Diamond Platinum Gold Standard

Brand LS Retail on web-site Yes Yes Yes Yes

LS Retail landing page with link to

www.LSRetail.com

Yes Yes Yes Yes

Reference stories or videos per year 3 2 1

Participate in LS Retail Partner

Conference

Yes Yes Yes Optional

Report pipeline monthly Yes Yes Yes Yes

SPA agreement with Microsoft Yes Yes Yes Optional

Benefits Diamond Platinum Gold Standard

License discount 2) 45% 40% 35% 30%

BREP discount 3) Tier II Tier II Tier II Tier III

Marketing Fund for promoting and

branding LS Retail 4)

2% of last

year‘s license revenue

1% of last

year‘s license revenue

0,5% of last

year‘s license revenue

2) When purchasing LS Retail granules like Starter Pack, POS, Store, etc. The new discount level for Diamond Partners takes effect on February 1st 2014. Variable discounts for other levels come into force on February 1st 2015. 3) On LS Retail granules Starter Pack, POS, Store, etc.4) See next 2 pages

Marketing fund is calculated based on last years license revenueAvailable for activities promoting and branding LS Retail, e.g.

• Customer events held by partner• Tradeshows• Online advertising on third party Web sites• Search Engine marketing and Search Engine Optimization• Email and Social Media marketing• Digital content

Marketing fund

Access to the marketing fund requires that the marketing fund is used for pre-approved activities branding LS Retail products,the partner contributes with the same amount, and the partner shows invoices for the marketing expenses.

Partner can use the marketing fund to buy extra seats at LS Retail Partner Conference

Marketing fund, cont.

Benefits Diamond Platinum Gold Standard

Free seats at LS Retail Partner

Conference 5)

2 1

Free visit from LS Retail staff Yes Yes

Special logo Yes Yes Yes

Dynamics license discount 6) As in Voice As in Voice As in Voice As in Voice

Dynamics BREP discount 7) As in Voice As in Voice As in Voice As in Voice

Existing MS NAV – licenses 8) 30% 30% 30% 30%

Existing MS NAV – BREP 9) Tier III Tier III Tier III Tier III

5) Free Seat does not include travel and Hotel costs – Credit note issued after PC6) Maximum 55% 7) Maximum Tier I 8) Valid both for MS and LS licenses – If customer is an old MS NAV customer, can apply for a SD9) Valid both for MS and LS BREP – If customer is an old MS NAV customer, can apply for a SD

The new discount level for Diamond Partners takes effect on February 1st 2014. Variable discounts for other levels come into force on February 1st 2015. Discounts are fixed for 12 month periods (Feb 1st – Jan 31st)Discounts can though increase quarterly 12)

Measured quarterly on the last 12 rolling month numbers, 4 times a yearMay 1st based on revenue from Apr 1st – Mar 31st

Aug 1st based on revenue from Jul 1st – Jun 30th

Nov 1st based on revenue from Oct 1st – Sep 30th

Feb 1st based on revenue from Jan 1st – Dec 31st

Discounts can only decrease Feb 1st each year

Partner Discounts

12) Provided partner does not have overdue invoices

February 1st each year partners will be informed about the LS Retail partner status (i.e. Diamond, Platinum, Gold or Standard)

Based on performance in the previous calendar year vs. The calendar year before that

Diamond and Platinum partners get a trophy award at partner conference – called individually to the stageGold partners get a plaque – called to the stage together

Partner Awards

K3 Business Technology GroupTectura CorporationCGI Sverige ABAxiome Technologies (M) Sdn Bhd

Diamond Partners 2014

The Concept GroupImpact SoftNew Vision Baltija Cyan Sys Pvt. Ltd. SingaporeIntelligent Systems BulgariaIT. Integro

AcommitCGI SuomiSpecialists in Custom Software (SCS)Infosoft InternationalApsoft

Platinum Partners 2014

DVS India DVS DubaiNorriqCGI DanmarkArquiconsult3Li

Novensys CorporationCyanSys Sdn. Bdh. MalaysiaConcentradoraBCS Itera ASIBIZ Consulting Services

Gold Partners 2014

Gesca DynamicsBusiness Solutions AdviserNTTAgicCognoplexAitana LLP Dynamics-Servicii RomaniaHSG Hanse Solution

Iris EkamatNavtech Group Ltd.AvisionDAVYNIntelligent Systems TurkeyDextraApple Green Technology

Gold Partners 2014