Convertible Preference Shares Agreement

The parties acknowledge and agree that confidentiality agreements between the company and each of the investors or its related companies prior to the date of this agreement are denounced and no longer have any effect or effect for a period of time after the date of this agreement; All party must be held responsible for any violation of such an agreement before the date of this agreement. (vi) (A) Shares and issues below the transfer price prior to ipo. When the Company issues common shares (excluding common shares on the basis of any of the conditions described in the above subsections) or where the Company or a subsidiary of the Company issues securities (including, but not exclusively, debt securities, preferred shares, warrants, rights and options, but without (i) common shares and options issued in connection with one or more business combination transactions (ii) , provided that the total number of common shares and common shares does not have who, In the exercise of warrants, the rights or options issued in all of these commercial combination transactions do not exceed 3% aggregate of common shares outstanding on the date of issuance, when converted into common shares, whether they are converted into common shares or likely to be exchanged or likely to be exchanged or exploding. , in any event, prior to the IPO at a common share price below the processing price in effect on the day of the issuance of these common shares or convertible or repayable securities, the conversion rate, which came into effect immediately before the issue date of these common or convertible or exchangeable shares, is replaced by the following formula In other words, Acme`s common shares must be traded in excess of $15.38. so that investors can benefit from a conversion. When equities convert and fall below 15.38 $US, investors suffer a capital loss on their investment of 100 $US per share.

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