Loan Agreement Template (Page 5 of 7) in pdf

regards to personal data processing, as well as the directive 2002/58/CE "privacy and electronic

communications", as applied to national law and applicable to the Parties in accordance with

this contract.

The personal data transmitted by the LENDER is securely and confidentially hosted by MW INVEST

in France and is not transmitted to the BORROWER. However, the LENDER is informed that, on an

exceptional basis, the loan agreement can be transferred to the BORROWER or his Counsel (officer

of the court) subject to confidentiality, in order to ensure the notice, the exercise or defense of a right

in court. The BORROWER is, in any case, subject to an obligation of confidentiality, as far as the

LENDER’s identity and everything that could participate to his identification is concerned.

Any request from the LENDER related to his rights shall be sent to MW INVEST with a copy of a

proof of identity, at the following address: 44 rue de Prony, 75017 Paris or, at the following email

address: « contact@microworld.org»

The parties hereby acknowledge that the fulfilment of this contract may require personal data

processing and that the BORROWER is responsible for complying with its obligations in accordance

with the data protection laws that govern personal data processing.

The BORROWER is only authorized to store, use and process personal data in the following

conditions: (i) such processing is necessary for the fulfilment of this contract, and (ii) it complies with

the applicable legislation.

ARTICLE 12: FORCE MAJEURE

A force majeure consists of any event characterized as such by the French law and French case law,

that would make the Agreement impossible to be executed.

In particular, bad weather, epidemics, earthquakes, fires, storms, floods, government, legal or even

financial restrictions (including, in particular, impossibility for money to be transferred between the

two Parties’ countries or local regulations modifications), acts of war, and any other circumstances

beyond the BORROWER’s express control can be considered force majeure.

Any event of force majeure will suspend the Agreement from being executed, provided, however, that

the Party that wants to raise it notice the other Party by any means, through MW INVEST.

Should the event of force majeure prevent the Agreement from being executed for more than six (6)

months, the said Agreement will automatically be terminated.

ARTICLE 13: LANGUAGE APPLICABLE LAW

The law applicable for the Agreement understanding and execution is the French law.

Therefore, any dispute arising from the Agreement will be submitted to a French court of law.

In case of a dispute, the Parties commit to first look for an amicable solution through MW INVEST

acting as a facilitator.

ARTICLE 14 : INTERMEDIATION

MicroWorld.org is a crowdfunding platform developed by MW INVEST, officially registered with

ORIAS in France as an Intermediary in Crowdfunding (I.F.P.) under the unique identification number:

15004603.

All transfers and hostings of funds mentioned in this Agreement are insured through MANGOPAY, a

Loan Agreement Template Page 5