AGENCY AGREEMENT

(Commission Agreement)

Agent Commission Fee Agreement:

This Agreement is made and effective on this day 17th of April 2021:

The Agreement is made between Mr. Armando C. Valentino (“The Agent”) representing Gulf
Dynamics International WLL and Al Watan International Trading and Contracting company
(“Principal”) address in Doha, State of Qatar, both of whom agree to be bound by this Agreement.

WHEREAS, Al Watan International Trading and Contracting company and the “Agent” desire to
enter into an agreement whereby the “Agent” will market and procure works in Contracting/ Construction
company in the following:

** To Promote and Market the products, Contracting services in behalf of the “Principal” in return for
the commission.
** To Procured works or projects in behalf of the “Principal” in return for the commission.

In consideration of the Agreement both parties hereto agreed as follows:

1. CONTRACTING AND SERVICES:

Any Procured projects, such as construction and maintenance, contracting services or any related works.

2. COMMISSION FEE:
A. The Principal shall pay the “Agent” a minimum fee of: 1) THREE (Qr.3.00) riyals per SQM/ M² for
Blockworks and Plastering application. 2) Stiffener beam and Steel lintel installation (Qr.4.00) FOUR
riyals per LM as indicated in Sales Invoice or Billing. The Agent shall receive the amount of FEE as
stated in terms of agreement.

B. Any additional works not mentioned in this Agreement, the “Agent” has the right to be compensated
by the “Principal” without delay or hesitation.

C. Any Procured works, Contracting Services, the “Principal” shall pay the “Agent” a Commission fee
as stated in this Agreement item 2: A, B. or with the contract signed between the Principal and the clients/
Contractor’s (Top Builders International – Qatar).

D. In any event of future Contracting projects services by the Agent’s Clients (Top Builders
International – Qatar) referred to the Principal, the “Agent” has the exclusive right at approved, signed
contracts and to compensate the Agent a commission fee by the Principal.

That both parties have agreed on the amount of commission as stipulated in this Agreement.

‘The Agent” “The Principal”

_________________ ________________
Mr. Armando C. Valentino Mr. Ahmad Ghouneim
Business Development Manager General Manager
Gulf Dynamics International WLL - Doha, Qatar Al Watan International Trad and Contracting
CR.no. 62718 CR. no. 81776

AGENCY AGREEMENT 1 OF 1