Under this contract concluded between the partners whose complete details are provided in the attached contracting form, and after each of them acknowledges their full legal capacity to contract and commit, and desiring to organize their relationship on the basis of clarity and balance, they have agreed to establish a simple commandite company among themselves according to the following terms and conditions, in compliance with the applicable law:

Article (1) Introduction and Definitions

1- The term "Company" refers to the entity established under this contract; and "Partners" refers to the shareholders in its capital; and "Partners' Meeting" refers to the entity making collective decisions in the company; and "Management" refers to those who manage the company according to this contract; and "Applicable Law" refers to the laws, regulations, and provisions governing companies and the exercise of activity.

2- The term "Distributable Net Profits" refers to the profits remaining after deducting expenses, depreciations, provisions, and the allocation of mandatory reserves; and "Special Majority" refers to the stringent percentage required by this contract or the law for certain decisions.

3- The aforementioned introduction and attached appendices constitute an integral part of this contract and complement its provisions, and shall be read as a single, complete text.

4- The titles of the articles have been provided for ease of reference only, and shall not be considered in the interpretation of the provisions or defining their scope, and in case of ambiguity, the intention of the parties and the nature of the activity and the requirements of good faith shall be referred to.

Article (2) Competence of the Contractors and Validity of Establishment

1- The partners acknowledge that they possess full legal capacity necessary for contracting, establishing the company, and complying with the provisions of this contract, and that there are no legal impediments preventing them from doing so.

2- The partners acknowledge that all data and documents submitted by them for the purpose of establishment are correct and complete, and they bear responsibility for their accuracy and for any damage arising from their violation.

3- The establishment of the company shall be deemed valid and enforceable upon fulfillment of the requisite substantive and formal conditions, including the drafting, registration, and publication of the contract in the commercial register.

4- The invalidity of one partner's status shall not result in the invalidity of the company against good-faith third parties, and this shall be addressed in accordance with the applicable law.

Article (3) Establishment of the Company and the Two Classes of Partners and Liability